Equity

Question 1

Poverty in the UK 2024 Report findings - The Joseph Fountree Foundation

Answer 1

14.4 million people were in poverty in 2021/22. This includes:
- 8.1 million working-age adults.
- 4.2 million children.
- 2.1 million pensioners.
Poverty is close to pre-pandemic levels due to rising cost of living and stagnant wages.
Unequal income distribution during that period likely outweighed any poverty reduction from economic growth.

Question 2

How to improve poverty according to “Poverty in the UK 2024 Report findings - The Joseph Fountree Foundation”?

Answer 2

The report highlights insufficient social security benefits as a factor in poverty. Low benefit levels, especially when compared to rising costs of living, leave many struggling to meet basic needs. A stronger social safety net, acting as a poverty floor, could significantly reduce poverty rates