Hardship for one in three people by May as Tory plans to impoverish us grind onwards

Small change: ironically, that’s probably how the Tories think of the 21.7 million people they’ve tipped into poverty.

One in three people will be living in hardship by May, according to a report by the New Economics Foundation.

This means 21.7 million people will still not have a decent standard of living even though the £20 per week Universal Credit and Working Tax Credit uplift has been extended.

Here’s Charlotte Hughes:

The report goes on to say that 12.9 million of the people in financial difficulty will be receiving less than 75% of the Minimum Income Standard which is defined as being £19,200 for a single person and £37,400 for a family of four.

Despite the furlough scheme, unemployment has continued to rise over the last year. According to the latest government data it shows that unemployment has increased by 1.3% points higher than the previous year. It also also shows the largest annual decrease in employment since the aftermath of the financial crisis. This being half a million fewer people employed than there was last year. Redundancy rates have also risen from 8.4 per thousand on the year, to 12.3 per thousand employees.

This leaves millions of people that are now dependant upon our social security system to support incomes, help with housing costs and to feed people.

At the time of writing the latest government data reveals there are 5.9 million people on universal credit with 3 million receiving housing benefit, 2.5 million receiving personal independence payment, 1.9 million receiving employment support allowance, 1.4 million receiving disability living allowance, and 0.3 million receiving jobseeker’s allowance.

We know that the UC/WTC uplift will continue until September but after that, claimants face a “cliff-edge” situation that could tip a further 1.1 million people into poverty.

But, you know what?

None of them will be members of the Tory government or doners to the Conservative Party, so they don’t matter. Do they?

Source: 21.7 million people will be living in hardship by May despite the Universal Credit and Working Tax Credit £20 uplift. ‹ The poor side of life ‹ Reader — WordPress.com

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