“2.4 Million Britons In Poverty Despite Having Jobs”

“An estimated 2.4m working people were in poverty in 2017, of which 31% also experienced in-work poverty in 2016, new data has shown.

Figures released by the Office for National Statistics (ONS) also revealed that a third of people cannot face unexpected expenses, while 23.7% cannot afford a one-week annual holiday.

However, persistent poverty rates in the UK in 2017 are comparable to levels in 2008, equivalent to roughly 4.7 million people, or 7.8% of the population.

Peter Briffett, co-founder and CEO of the income streaming app, Wagestream, which campaigns against payday poverty, said: “For nearly five million people in the UK to be living in persistent poverty is a damning indictment of the state we’re in.

“It’s the 21st Century and yet for far too many households life is borderline Dickensian.

“High inflation and negligible wage growth will have accentuated persistent poverty in recent years, although some will invariably point the finger at austerity measures.

“Hopefully strengthening wage growth and inflation returning to target will be helping more people out of persistent poverty.

“For many people, the knock-on effect of persistent poverty is recourse to high cost credit simply to keep their heads above water and this only makes matters worse. The result is a cycle of debt from which it is near impossible to break free …”

https://www.huffingtonpost.co.uk/entry/24-million-people-in-the-uk-are-in-poverty-despite-having-jobs_uk_5cf8c5bee4b0638bdfa4b29d?