UK set to miss poverty targets

Pegging state benefits to a lower measure of inflation will contribute to a rise in poverty, the Institute for Fiscal Studies (IFS) is expected to argue today.

The IFS forecasts absolute child poverty to reach 23 per cent by 2020-21, drastically missing the state’s “supposedly legally binding target” of five per cent. The UK’s dire fiscal situation means the government is almost certain to miss its child poverty targets, despite child poverty falling by nearly a quarter between 1998 and 2009, the IFS says.