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Council housing

Living standards, poverty and inequality in the UK: 2019

Report

This report examines how living standards – most commonly measured by households’ incomes – have changed for different groups in the UK, and the consequences that these changes have for income inequality and for measures of deprivation and poverty. In this latest report, we focus in particular on those people who are poorest in society.

19 June 2019

Book graphic

Living standards and income inequality

Book Chapter
This chapter analyses trends in average incomes and income inequality between UK individuals. We also explore the determinants of trends in income growth and how they have evolved over time, on average and for different groups.

13 June 2019

Working paper graphic

Why has in-work poverty risen in Britain?

Working Paper

Our new research examines the reason for the increased in-work relative poverty rate in Britain over the last 25 years, which has risen by almost 5 percentage points from 13% to 18%.

7 June 2019

Publication graphic

The effect of taxes and benefits on UK inequality

Report

The tax and benefit system is a key tool for a government trying to reduce inequality. In this briefing note, we examine the effects that cash benefits and taxes had on UK inequality in 2016–17.

27 May 2019

Job centre plus

Universal Credit: Winners and Losers

Explainer
We review the impact of reforms to the benefit system and explain who will gain and who will lose out as a consequence of universal credit.

23 May 2019

Publication graphic

Universal credit and its impact on household incomes: the long and the short of it

Report

In this research we investigate who wins and loses from universal credit, and by how much. For the first time, we also look at the effects of universal credit on people’s incomes over eight years of their lives, rather than just at a point in time. This lets us look at the impact on those that are persistently, rather than temporarily, low income.

24 April 2019

Article graphic

Reform to two-child limit addresses retrospection, but does not change long-run cut to support for big families

Comment

Today Amber Rudd, the Secretary of State for Work and Pensions, announced that the ‘two-child limit’ in tax credits and Universal Credit will not apply to children born before the policy was implemented in April 2017. This tackles the ‘retrospective’ application of the policy that had attracted criticism, and it means that the full impact of the policy will not be felt until the mid-2030s. But that long-run impact remains unchanged: ultimately the two-child limit will, among those families affected by it, reduce their incomes by an average of £3,000 per year. This remains a major reform to our benefits system.

11 January 2019

Event graphic

Autumn Budget 2018: IFS analysis

Event 30 October 2018 at 13:00 <p>Store Street, London, WC1E 7BT</p>
On Tuesday 30 October, IFS researchers presented their analysis of Chancellor Philip Hammond's Autumn Budget - the first Budget to be held on a Monday since 1962.
Event graphic

IFS Green Budget 2018

Event 16 October 2018 at 10:30 <p>Moorgate Place, London, EC2R 6EA</p>
The IFS Green Budget 2018, in association with Citi and ICAEW and with funding from the Nuffield Foundation, analyses the issues and challenges facing Chancellor Philip Hammond as he prepares for this year's Budget. The findings from a selection of chapters were presented at the event, where the full publication was launched.
Book graphic

Options for raising taxes

Book Chapter
This Green Budget chapter considers where the Chancellor might look if he wanted to increase tax receipts by about 1% of national income – enough to pay for the promised increase in NHS spending. We investigate how various possible tax rises differ in the revenue they would raise, the people who would pay them, and the extent to which they would weaken work incentives and improve or worsen other distortions.

16 October 2018

Presentation graphic

Options for raising taxes

Presentation

This presentation considers where the Chancellor might look if he wanted to increase tax receipts by about 1% of national income – enough to pay for the promised increase in NHS spending.

16 October 2018

Event graphic

Living standards, poverty and inequality in the UK: 2018

Event 20 June 2018 at 11:00 <p>Store Street, London, WC1E 7BT</p>
At this event, IFS researchers will present the key findings from the latest in the series of flagship IFS annual reports on living standards, poverty and inequality in the UK. Funded by the Joseph Rowntree Foundation, the report will analyse living standards in the UK up to and including the latest year of data for 2016-17, while setting this in the context of the very latest developments in pay, employment and inflation.
Book graphic

Poverty among working-age adults in poor health

Book Chapter
In this chapter, we analyse how living standards differ between those with and without long-standing health problems. There are many ways in which health and living standards may interact. First, poor health may reduce an individual’s living standards as they have to spend more money on goods or services to mitigate the impact of their health condition. Second, poor health may restrict the amount of paid work that an individual may do (if they can do any at all), or restrict the type of work that they can do, reducing their earnings. Third, being on a low income may itself worsen certain health problems. Fourth, poor health and low incomes might both be caused by similar factors, such as low educational qualifications. Fifth, being unwell may directly reduce someone’s living standards in a broad sense, even if it does not affect their material standard of living. For all of these reasons, one might expect the living standards of those in poor health to be lower than those of the general population.

20 June 2018