On Thursday 21 March, the annual Households Below Average Income (HBAI) report will be released by the Department for Work and Pensions. Estimates are provided for average incomes, income inequality, and for the number and percentage of people living in poverty. The statistics are the UK’s official source of poverty estimates and, with a larger sample size than other surveys, are the main source of data on household and individual incomes.
There was very little in this Budget for children and families living in poverty. The Chancellor said yesterday that this government does not pass on its bills to the next generation, but the 4.2 million children living in poverty today are the next generation. Child poverty is scarring, and the decisions taken yesterday will leave a legacy of cold homes, empty tummies and crumbling classrooms. We are in urgent need of a plan to tackle child poverty.
Our pre-Budget briefing details how best to invest financial support in children to reduce child poverty and give every child the chance to fulfil their potential.
Tackling child poverty in Scotland is a priority for the Scottish government, and the government's policies are working to reduce child poverty. However more needs to be done to ensure Scotland meets its legally binding child poverty targets. We have set out what the Scottish government's spending priorities should be to ensure child poverty targets are met.
This briefing, from CPAG, End Child Poverty, the Church of England, and the Benefit Changes and Larger Families project, marks the sixth anniversary of the two-child limit.
The cost of child poverty extends beyond the physical and emotional hardship felt by children growing up in low-income families. In 2008, the total financial cost was estimated to be at least £25 billion a year. In 2023, it has risen to over £39 billion a year.
This is an important moment for the government to demonstrate how it will support families on a low income. Investing in social security protects those who need it most. This investment is highly cost-effective – reducing child poverty immediately and leading to improved education, employment and health outcomes, including life expectancy.
Who is experiencing fuel poverty? What is the relationship between fuel poverty and income? And what is the impact of the mitigations put in place to support people with rising energy costs?