Senior policy analyst
By Tom Lee
Lots of attention is given to the number of children in poverty but as a society we do not only care about the rate of poverty but also the depth of poverty. If everyone in poverty is very close to the poverty line we should perhaps worry less than when millions of people are substantially below the poverty line. A good way to measure the depth of poverty is the median poverty gap, which indicates how far below the poverty line the average family in poverty is.
In recent years, there has been a lot of talk about basic income. But what exactly is basic income? And what would the economic effects be of such a comprehensive change to the tax-benefit system?
29 October 2019
For many families upfront childcare costs are a significant barrier to work. Under tax credits, parents can get financial support for upfront childcare costs. However, under universal credit any help with childcare is paid retrospectively. This is a big problem as the majority of childcare requires parents to pay for a month/term in advance.