Number of children living in poverty set to rocket
Half a million more children will fall into poverty within the next three years, according to latest predictions.
Government being urged to ensure the UK’s poorest families are not disproportionately hit by austerity measures. Image: Christopher Jones
The report by the Institute of Fiscal Studies for the Family and Parenting Institute (FPI) estimates by 2015-16 the average household with children will face an income drop of 4.2 per cent. For a couple with two children this is the equivalent to £1,250 a year.