In a recent report conducted by The New Economics Foundation one in three people will be living in hardship by May despite the universal Credit Working Tax Credit £20 uplift hopefully being extended.
The New Economics Foundation also reports that 21.7 million people will still not have a decent standard of living even if the uplift is extended.
The report goes on to say that 12.9 million of the people in financial difficulty will be receiving less than 75% of the Minimum Income Standard which is defined as being £19,200 for a single person and £37,400 for a family of four, taking into account if the £20 uplift is removed.
If removed this will result in 1.1 million more people falling below the MIS by May compared with last September.
If the Covid 19 infection and mortality rates lesson it will expose the true crisis in living standards that thousands…
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