The Institute for Fiscal Studies has published a report on Child and Working-Age Poverty from 2010 to 2020. ‘In the short run, relative child poverty is forecast to remain broadly constant …, before rising slightly in 2013-14. Relative working-age adult poverty is forecast to rise slightly … before rising faster in 2013-14. Absolute child and working-age adult poverty are forecast to rise continuously, and by more than relative poverty, over this period.’ (p.1) This unusual combination is because ‘real median household income is forecast to be 7% lower in 2012-13 than it was in 2009-10, and to remain below its 2009-10 level until at least 2015-16.’ The report concludes that ‘there is almost no chance of eradicating child poverty … on current government policy.’ (p.3)
