Poverty on rise in UK: Study
Poverty has risen in Britain during the nine years that the Labour Party has been in power, according to a study.india Updated: May 18, 2006 11:01 IST
Poverty has risen in Britain during the nine years that the Labour Party has been in power, according to a study published on Wednesday.
The report by the Institute for Fiscal Studies (IFS) said relative poverty has increased since 1997 if it is measured by household spending rather than the usual measure of income.
The poverty rate based on household spending increased from 20 per cent to 22 per cent between 1996/1997 and 2002/2003, compared to a decrease from 25 per cent to 22 per cent when judged on income, according to the report.
The rate of child poverty based on spending rose by 11 per cent, but it fell by 15 per cent based on the government's preferred measure.
The IFS said the spending measure was useful as it gave a clearer idea of people's material well being.
It said it could provide a better picture because people's incomes fluctuated over time but most borrowed and saved to ensure their standard of living changed less.