Fact Check: 14.3 million people are in poverty in the UK
Are 14.3 million people are in poverty in the UK?
The answer to this is a stats answer.
You may find different reports/stats use different figures.
But one we found worked like this:
The median income (2014/15) in the UK was £473 per week (£24,596 a year).
Those earning 60% of this figure (£284 a week / £14,758 a year) were considered to be in the low income bracket – this is recorded as relative poverty.
What people state is poverty, is often the ‘relative poverty’ numbers/stats.
Joseph Rowntree Foundation (JRF) sets relative poverty as: £401 a week (about £19,200 a year) for a couple with two children aged between five and 14.
As such, a single person, living at home with parents, who earns under £6000, working part time, is classed as in poverty, even though they may own a brand new BMW and go out each weekend.
This is why you get 14.3 million, classed as in relative poverty (though often they state poverty).
Please feel free to check this yourself.
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