Because more equal societies work better for everyone

Poverty

A new report published today by Universities UK has highlighted how socio-economic disadvantage affects access to and performance at higher education for many students from poorer backgrounds. Commenting on the report, the Equality Trust's Executive Director, Dr Wanda Wyporska, said:
Today’s news that that median incomes have finally returned to pre-crisis levels is welcome, with the average household income reaching £473 a week in 2014/15.
Recently I argued that poverty should be seen as a product of inequality because we live in a finite world where income and wealth is highly concentrated.
Today’s Living standards, poverty and inequality in the UK report from the IFS sheds light on how households on different incomes across the country have fared in recent years, putting these trends in historical context.
The amount of money a person has (in income and/or assets) represents their particular claim on the world’s resources. The rich have much more money than they could ever reasonably need leaving less to go round for the rest.
Those of us who unconditionally love the festive season weather the annual arguments about consumerism, excess, and the loss of its true meaning. But none of us can ignore the fact that stress and worry about how to pay for Christmas always feature heavily.
We know that income differences create social distances. We also know that we are social creatures and we see ourselves largely through the eyes of others.
This morning’s official Households Below Average Income statistics show that thanks to modest income growth across the distribution, the
"Poverty linked to not having any money" reported the satirical news service the Daily Mash in 2013.
The Social Mobility and Child Poverty Commission’s annual State of the Nation report has just been released, and it makes for grim reading.

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