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  2. Poverty in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Poverty_in_the_United_Kingdom

    In November 2023, The Trussell Trust calculated that a single adult in the UK in 2023 needs at least £29,500 a year to have an acceptable standard of living, up from £25,000 in 2022. Two partners with two children would need £50,000, compared to £44,500 in 2022. 29% of the UK population – which works out to 19.2 million people – belong ...

  3. Government spending in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Government_spending_in_the...

    Debt interest has grown as a proportion of government spending in the last few years as a result of rising interest rates, and increased debt due to primarily to the cost of the Covid pandemic. [10] In financial year 2018–19, debt interest was £43 billion - around 5% of total government spending [11] compared to around 10% in 2023–24.

  4. 2023 United Kingdom budget - Wikipedia

    en.wikipedia.org/wiki/2023_United_Kingdom_budget

    Economic growth of 1.8% was predicted for 2024, rising to 2.5% in 2025 then falling slightly to 2.1% in 2026. The UK's rate of inflation was predicted to fall to 2.9% by the end of 2023, down from 10.7% in the final three months of 2022, while underlying debt was forecast to be 92.4% of GDP in 2023, rising to 93.7% in 2024.

  5. 2021–present United Kingdom cost-of-living crisis - Wikipedia

    en.wikipedia.org/wiki/2021–present_United...

    In November 2023, The Trussell Trust calculated that a single adult in the UK in 2023 needs at least £29,500 a year to have an acceptable standard of living, up from £25,000 in 2022. Two partners with two children would need £50,000, compared to £44,500 in 2022.

  6. 2023 in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/2023_in_the_United_Kingdom

    21 June – UK inflation figures for May 2023 show it remained higher than expected, at 8.7%. [447] 22 June The Bank of England raises the official bank rate from 4.5% to 5%, the 13th consecutive rise, and a greater increase than economists had expected. [448] The RMT announces three fresh days of strike action for 20, 22 and 29 July. [449] 23 June

  7. Income in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Income_in_the_United_Kingdom

    In September 2023, Joseph Rowntree Foundation calculated that a single adult in the UK in 2023 needs at least £29,500 a year to have an acceptable standard of living, up from £25,000 in 2022. Two partners with two children would need £50,000, compared to £44,500 in 2022. 29% of the UK population – which works out to 19.2 million people ...

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  9. Welfare state in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Welfare_state_in_the...

    In 2018, food bank usage in the UK reached its highest point on record, with the UK's main food bank provider, The Trussell Trust, stating that welfare benefits do not cover basic living costs. The Trussell Trust's figures showed that 1,332,952 three-day emergency food supplies were delivered to people from March 2017 to March 2018.