HIRSCH, D., 2015. A minimum income standard for the UK in 2015. York: Joseph Rowntree Foundation, 31pp.
This is the 2015 update of the Minimum Income
Standard for the United Kingdom, based on what
members of the public think people need for an
acceptable minimum standard of living.
This update of minimum budgets is based on changes in living costs. The
findings also reflect adjustments to the tax and benefits systems, which
affect both the extent to which people living on benefits can afford
necessities and the amount that people in work need to earn in order to
reach a minimum net income. After six consecutive years in which the cost
of a minimum basket rose, causing a deterioration in the ability to meet
the minimum for households on benefits and on the minimum wage, 2015
saw little change in the minimum cost of living, and a slight improvement
in benefit and minimum wage incomes relative to the minimum required.
However, with continued fiscal austerity, this improvement may be shortlived.
The report shows:
• what incomes different family types require in 2015 to meet the minimum
• how the cost of a minimum household budget has changed since the last
update in 2014.