Posted 3/21/2024, 12:14:41 PM
UK Poverty Surges Most in 30 Years to 12 Million as Cost of Living Crisis Bites
- Absolute poverty in the UK saw its biggest rise in 30 years due to the energy price crisis following Russia's invasion of Ukraine
- The number of people in absolute poverty jumped to 12 million in 2022-2023, an increase of 600,000 or 0.78 percentage points
- Even more families would have fallen into poverty without government support like Cost of Living payments
- Work and Pensions Secretary Mel Stride said unprecedented government support prevented 1.3 million people from falling into poverty
- Labour criticized the conservative government for the rise in poverty, blaming the cost of living crisis