‘1 million more slip into poverty in UK’


Homeless

A million more working-age adults in Britain have fallen into poverty over the last two years as the living standards continue to deteriorate in the European country, according to Britain’s Trades Union Congress (TUC).

The TUC announcement came on the same day that the Office for National Statistics (ONS) published the latest Household Below Average Income figures in the UK.

The TUC seized on the annual statistics, saying they suggested that between 2010-11 and 2012-13, the number of working-age adults in absolute poverty increased from 7.7 million to 8.7 million, and the number of children from 3.6 to 4.1 million over the same period.

“Since the last election, a million more adults and half a million more children fell into absolute poverty when housing costs are taken into account,” said TUC General Secretary Frances O’Grady, adding that this type of poverty will grow in case of inaction to tackle the problem of soaring housing costs and stagnant wages.

Analysts believe wage stagnation, benefits and tax credit cuts and rising prices are the main reasons behind the falling living standards in the UK.

This is while the British coalition government insists that poverty is decreasing in the country.

A recent report by the Joseph Rowntree Foundation (JRF), a social policy research and development charity, showed that a British couple with two children needs to have an annual earning of £40,600 in order to have an acceptable standard of living compared to £27,800 in 2008.

According to the charity, the amount required to cover a family’s basic needs in Britain has soared by 46 percent since 2008, while average earnings have only grown by nine percent in the same time period.

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