According to the estimates provided by the government, in the years ending March 2025, March 2026 and March 2028 there will be an additional 50,000 pensioners in relative poverty after housing costs.
In the years ending March 2027, March 2029 and March 2030 an additional 100,000 pensioners would be in relative poverty after housing costs.
The annual figures are rounded to the nearest 50,000. [Work and Pensions Secretary Liz Kendall] said this meant “small variations in the underlying numbers impacted can lead to much larger changes in the rounded headline numbers”.
The cumulative total over the years does not necessarily refer to individual pensioners, who could move in and out of relative poverty over time depending on their personal circumstances.
Currently the government estimates 1.9 million pensioners - around 15% - are in relative poverty.
The new estimates, published on Tuesday, suggest the cuts to the winter fuel payment would increase pensioner poverty by 0.5 percentage points.
A person is considered to be living in relative poverty if they have less than 60% of the median income.
In her letter, Kendall said the work and pensions department had written to 120,000 pensioners to encourage them to claim the pension credit to which they may be entitled.
Uk is a failed experiment. I wonder if Putin knows, when threatening to nuke UK, he’s actually proposing improvement.
Have you ever lived in the UK?
I remember first learning about the russian news pieces about how they’re going to wipe the UK off the map.
Honestly, they’re a bit weird. They’ve been doing them for years, and I’m assuming they’re usually just aimed at a domestic audience.
Like this one from a couple of years ago, where Channel One threatened a nuclear tsunami against the UK.
Maybe it’s because we’re far away enough to paint a picture that we’re all hunting for bullets under the couch, rather than working out where the last hobnob went.
Haha. I wonder what made them choose the UK in particular.
We have control over the supply of Hobnobs.
Hang over from the Great Game probably.
May be historical reasons? In their minds Russia defeated France (Napoleon) and Germany (2WW) but not the UK, not in any big war I can think of anyway.