Today’s official poverty statistics show child poverty has reached a record high with an estimated 100,000 more children pulled into poverty last year.
Racial inequalities in child poverty are particularly stark, with over half of children from Black, Pakistani and Bangladeshi backgrounds likely to grow up in poverty. Economic structures that reinforce gender inequality and entrench systemic racism mean that certain groups, including women, children and Black and minority ethnic families are much more likely to be living in poverty.
Today’s annual poverty statistics show an estimated 350,000 more children were pulled into poverty last year, largely because the Government cut the £20 universal credit (UC) uplift half-way through the year. New CPAG analysis shows child poverty costs the country £39.5 billion a year.
Our response to the Budget: Some of the Chancellor’s plans are welcome but some are worrying. Many of the childcare changes announced are a big step forward but the stringent job-search requirements for parents on universal credit (UC) are concerning and overall the package is far short of what struggling families needed from the Chancellor as they face another year of high inflation.
Two hundred thousand more children will be pushed into poverty if benefits are uprated by wages rather than inflation, new analysis from Child Poverty Action Group (CPAG) finds. Almost all these children will be in families where at least one parent is working.
The year 2020 has put unprecedented pressures on families bringing up children. Parents across the world have taken on new challenges due to the coronavirus pandemic in keeping their children healthy and safe as well as properly fed, educated and entertained at a time when they have been required to stay at home, and when many families’ livelihoods have been threatened. Our cost of a child report looks at what items families need to provide a minimum socially acceptable standard of living for their children in 2020.
Lots of attention is given to the number of children in poverty but as a society we do not only care about the rate of poverty but also the depth of poverty. If everyone in poverty is very close to the poverty line we should perhaps worry less than when millions of people are substantially below the poverty line. A good way to measure the depth of poverty is the median poverty gap, which indicates how far below the poverty line the average family in poverty is.
Our annual Cost of a Child report this year finds that the overall cost of a child up to age 18 (including rent and childcare) is £185,000 for lone parents (up 19% since 2012) and £151,000 for couples (up 5.5% since 2012). The gap between lone parents’ actual income and what they need to meet family needs has grown sharply: lone parents working full time for the so-called national living wage ('NLW') are 21% (£80 a week) short of what they need – after paying for rent, childcare and council tax - a gap that has more than doubled from 10% since 2012.