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Centre for Policy on Ageing | |
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A minimum income standard for Britain
— what people think | | Corporate Author | Joseph Rowntree Foundation - JRF |
| Journal title | Findings, 2244, July 2008 |
| Publisher | Joseph Rowntree Foundation - JRF, July 2008 |
| Pages | 6 pp |
| Source | Joseph Rowntree Foundation, The Homestead, 40 Water End, York YO30 6WP. http://www.jrf.org.uk |
| Keywords | Income [older people] ; Expenditure [elderly] ; Cost of living ; Poverty ; Social surveys. |
| Annotation | For the first time, an income standard for Britain has been produced that is based on detailed research about what people said is needed to reach a socially acceptable standard of living and to participate in society. The study compiled household budgets to calculate the minimum income standard (MIS). Combining expert knowledge with in-depth consultation with members of the public, the MIS provides a new benchmark to inform future debates on poverty and public policy decisions affecting the incomes of those worst off. For almost all household types considered, the MIS is above the threshold used to measure relative poverty - 60% of average (median) income. The MIS budgets presented are based on detailed lists of what is required by different household types. For example, a pensioner couple needs £201 a week for a socially acceptable quality of life in 2008 (after tax and excluding housing costs). The research outlined in these findings was conducted by a team at the Centre for Research in Social Policy at Loughborough University, the University of York and the Family Budget Unit. (RH). |
| Accession Number | CPA-080716003 A |
| Classmark | JF: J3: J3C: W6: 3F |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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