UK seeing a big rise in poverty, says IFS
By Sean Coughlan
BBC News education and family correspondent
11 October 2011 Last updated at 12:20
Falling incomes will mean the biggest drop for middle-income families since the 1970s, says a report from the Institute for Fiscal Studies.
The IFS forecasts two years "dominated by a large decline" in incomes, pushing 600,000 more children into poverty,
The IFS says that in 2010, 2.5 million children and 2.1 working-age parents were living in "absolute" poverty.
But it warns that in the next two years poverty levels will get worse.
By 2013, the IFS predicts the number of children in absolute poverty will rise by 600,000, peaking at 3.1 million, along with 2.5m working-age parents and four million working-age adults without children.
http://www.bbc.co.uk/news/education-15242103
Welcome to the new western civilization.
By Sean Coughlan
BBC News education and family correspondent
11 October 2011 Last updated at 12:20
Falling incomes will mean the biggest drop for middle-income families since the 1970s, says a report from the Institute for Fiscal Studies.
The IFS forecasts two years "dominated by a large decline" in incomes, pushing 600,000 more children into poverty,
The IFS says that in 2010, 2.5 million children and 2.1 working-age parents were living in "absolute" poverty.
But it warns that in the next two years poverty levels will get worse.
By 2013, the IFS predicts the number of children in absolute poverty will rise by 600,000, peaking at 3.1 million, along with 2.5m working-age parents and four million working-age adults without children.
http://www.bbc.co.uk/news/education-15242103
Welcome to the new western civilization.

