http://news.bbc.co.uk/1/hi/business/4989070.stm
Relative poverty in the UK may have risen since 1997, rather than fallen, says the Institute for Fiscal Studies.
The usual measure is the proportion of households whose income is less than 60% of the median household income.
That suggests that the poverty rate fell from 25% to 22% of households between 1996/97 and 2002/03.
But the IFS says that if household spending is measured instead, then over the same period of time the poverty rate rose from 20% to 22%.
Using spending as a measure, the IFS also finds that the poverty rate among children increased by 11% during that time, compared to the government's assessment that child poverty, measured by income, fell by 15%.
FFS - Is there ANYTHING these muppets do properly?
Relative poverty in the UK may have risen since 1997, rather than fallen, says the Institute for Fiscal Studies.
The usual measure is the proportion of households whose income is less than 60% of the median household income.
That suggests that the poverty rate fell from 25% to 22% of households between 1996/97 and 2002/03.
But the IFS says that if household spending is measured instead, then over the same period of time the poverty rate rose from 20% to 22%.
Using spending as a measure, the IFS also finds that the poverty rate among children increased by 11% during that time, compared to the government's assessment that child poverty, measured by income, fell by 15%.
FFS - Is there ANYTHING these muppets do properly?
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