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- W2916396918 abstract "This is the 2015 update of the Minimum IncomeStandard for the United Kingdom, based on whatmembers of the public think people need for anacceptable minimum standard of living.This update of minimum budgets is based on changes in living costs. Thefindings also reflect adjustments to the tax and benefits systems, whichaffect both the extent to which people living on benefits can affordnecessities and the amount that people in work need to earn in order toreach a minimum net income. After six consecutive years in which the costof a minimum basket rose, causing a deterioration in the ability to meetthe minimum for households on benefits and on the minimum wage, 2015saw little change in the minimum cost of living, and a slight improvementin benefit and minimum wage incomes relative to the minimum required.However, with continued fiscal austerity, this improvement may be shortlived.The report shows:• what incomes different family types require in 2015 to meet the minimumstandard; and• how the cost of a minimum household budget has changed since the lastupdate in 2014." @default.
- W2916396918 created "2019-03-02" @default.
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- W2916396918 date "2015-01-01" @default.
- W2916396918 modified "2023-09-23" @default.
- W2916396918 title "A minimum income standard for the UK in 2015" @default.
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