WoRC Attends: "Living standards, poverty and inequality in the UK: 2018"

By Dasha Vodchic - 13 August 2018

On 20 June 2018 once again the Institute of Fiscal Studies held their annual event where a report on the UK living standards, poverty and inequality was presented.

It was concluded that the income growth during the recovery period has been slow in comparison with a general long-term historical perspective and nevertheless, it was faster than in the run-up to the recession. Income inequality is expected to increase in the near future owing to modest earnings growth and working-age benefit cuts. 

Sickness and disability prevent more 25-54-year olds out of work rather than job unavailability or inability to find one. People in poor health enjoy significantly lower standards of living. Most common health conditions are back, neck and limbs problems, although mental health is on the rise. Older, less educated and generally single individuals are more likely to have a long-standing illness. In 2017 incapacity benefit claimants were concentrated in West Scotland, South Wales and North England. 

In 2016-2017 Absolute Poverty level decreased by 3% compared to 2011-2012, whereas Relative Poverty increased by 1% within the same time period. 

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