Rise in children living in poverty
The number of children living in poverty could rise from 2.5 million to 4.4 million by 2030, according to a think-tank analysis of Government policies.
Projections by the Fabian Society and Landman Economics showed significantly wider inequality in 15 years’ time than they had expected before the General Election.
It suggested that a family 10 per cent off the bottom of the income distribution would expect to earn only another £90 a year, a rise of 1 per cent.
Those the same distance from the top would be 25 per cent better off with an extra £1,600.
Fabian Society General Secretary Andrew Harrop said: "If decisions made this year go unchanged, more British children will be hungry at Christmas 2030 than today.
"We will live in a country where food banks are an entrenched part of everyday life, not a response to short-term crisis. Is that the gift we want to leave the next generation?
"In the 15 years up to 2009 the incomes of rich and poor increased in proportion to each other because the Labour government chose to share the proceeds of growth.
"In contrast, the current government has chosen to cut taxes for people near the top of the income distribution and cut social security for people at the middle and bottom."
According to figures from children's charity Barnardo's there are currently 3.7 million children living in poverty in the UK.
A child is defined as being in poverty when living in a household with an income below 60 per cent of the UK's average.
Average household income in 2013-14, before housing costs, remained unchanged from 2012-13, at £453 a week, making the poverty line £272 a week.
Living in poverty not only impacts on what families can spend, it can also impact on the health of children.
According to the charity, three-year-olds in households with incomes below about £10,000 are 2.5 times more likely to suffer chronic illness than children in households with incomes above £52,000.
For help and information visit the Child Poverty Action Group: www.cpag.org.uk