300,000 more people live in poverty than previously thought, study finds, By Larry Elliott, November 4, 2014, The Guardian: “The number of people living in dire poverty in Britain is 300,000 more than previously thought due to poorer households facing a higher cost of living than the well off, according to a study released on Wednesday. A report produced by the Institute for Fiscal Studies found that soaring prices for food and fuel over the past decade have had a bigger impact on struggling families who spend more of their budgets on staple goods. By contrast, richer households had been the beneficiaries of the drop in mortgage rates and lower motoring costs…”
Poverty-related issues in the news, from the Institute for Research on Poverty