A new report published by a think-tank focused on living standards in the United Kingdom has shown that levels of child poverty in the country will reach a historic high of 37 percent in few years time.
The Resolution Foundation said in its report on Wednesday that stagnating wage growth and government cuts to social aid will help child poverty increase in the UK to above a 1990s-record of 34 percent and to affect some five million children in 2022 when the terms of the current Conservative-dominated parliament and government end.
The report, dubbed Living Standards Outlook, said the poorest in the UK were being continuously affected by various economic factors, including lower benefit payments and weak wage growth.
The government has boasted of a series of new economic reports showing that unemployment in the UK have reached the lowest levels since 1975. However, estimates suggest that wage growth would be around levels seen before the…