On 11 November 2015, Gordon Brown delivered CPAG’s 50th Anniversary Lecture. The former Prime Minister and Chancellor spoke powerfully about the history of poverty in the UK and pointed to low pay and the falling value of children’s benefits as important contemporary drivers of child poverty. In particular, he took aim at plans to cut tax credits, arguing that too much policy making is driven by fictions about the nature of poverty in this country. In the place of eight widespread myths about poverty he offered eight ‘poverty facts’ of which future policy ought to take note. What follows is an edited transcript of the speech.