A minimum income standard for the UK in 2017

Authors:
PADLEY Matt, HIRSCH Donald
Publisher:
Joseph Rowntree Foundation
Publication year:
2017
Pagination:
21
Place of publication:
York

This is the 2017 update of the Minimum Income Standard for the United Kingdom, based on what members of the public think people need for an acceptable minimum standard of living. The report shows: the incomes different family types require in 2017 to meet the minimum standard; how the cost of a minimum household budget has changed since the last update in 2016; and how the incomes of people on benefits, and of those working on the National Living Wage, compare to what they need according to MIS. The report states that in 2017, single people needed to earn at least £17,900 a year before tax to achieve MIS, and couples with two children at least £20,400 each. It suggests that despite the increase in the minimum wage for over-25s, working full time on the National Living Wage (NLW), many still fall short of MIS. The report concludes that the freezing of benefits in inflationary times is making low-income families systematically worse off, even where their earnings are being lifted by the NLW. (Edited publisher abstract)

Subject terms:
poverty, wages, standard of living, income, benefits, welfare state, living wage;
Content type:
research
Location(s):
United Kingdom
Link:
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