Friday, February 27, 2015
Poverty Alert : 14 Million Britons will be living in Poverty by 2030
A British think tank has published a report in which it has drawn on figures from official statistics regarding poverty in the U-K. The Fabian Society says with wages of high income households rising 11 times faster than low-income families, poverty could increase by an extra 3-point-6 million by 20-30. It says over one million of them would be children. The report says Briain has faced almost 10 years of falling living standards, and there is still a huge hole in the public finances, which limits people's spending power.
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