Poverty rates are raising in Britain, according to a report published by Joseph Rowntree Foundation that shows how many people with a job are living below the breadline.
Numbers are high and unfortunately raising. Households in poverty are now around 24%, but 35% of children are below the poverty line. Eight million people live in poverty in families where at least one person is employed.
Share of all income received by the richest 1% in Britain is now continuously raising and the country has become on of the most unequal countries in the world. 12.9% of national income is going to the top 1%. In early 1980’s it was around 7%.
Percentage of people that lived under the poverty line was also smaller some decades ago, in 1973 it was “only” 9.9% of the British population. From 1979 to 1987 though, it doubled from roughly 10% to 20%. From 1979 to 1990, UK’s Prime Minister was Margaret Tatcher.