Almost 2 million more children than there are at the moment will be in poverty at Christmas in 15 years’ time, according to a highly critical thinktank analysis of government policies.
Projections by the Fabian Society and Landman Economics showed significantly wider inequality by 2030 than they had expected before the general election. It suggested a family 10% off the bottom of the income distribution would expect to earn only another £90 a year – a rise of 1% – while those the same distance from the top would be 25% better of with an extra £1,600.
All incomes rise but poverty does too. A useful example of the fatuity of relative poverty as a concept, no?