By: Matt Padley AND Juliette Stone – Joseph Rowntree Foundation
We all want to live in a society where everyone can thrive and contribute; it’s not right that low-income households are being held back from participating fully in our society.
The Minimum Income Standard (MIS) reflects what members of the public think is needed for a minimum socially acceptable standard of living in the UK today.
This report looks at the proportion of people who fall below this level, and those with incomes below 75% of MIS.
It focuses on three groups: children, working-age adults and pensioners. Children continue to be the most likely of these three groups to be living in a household with an income below that needed for a minimum socially acceptable standard of living.
Credit: Joseph Rowntree Foundation TO READ THE FULL REPORT