| UK seeing a big rise in poverty, says IFS |
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Falling incomes will mean the biggest drop for middle-income families since the 1970s, says a report from the Institute for Fiscal Studies.
The IFS forecasts two years "dominated by a large decline" in incomes, pushing 600,000 more children into poverty, By 2013 there will be 3.1 million children in poverty in the UK, according to the IFS projections. A Department for Work and Pensions spokesman said benefits changes would tackle poverty by "making work pay". |
