Tuesday 24 July 2018

Poverty and inequality: Lessons from the past, decisions for the future

Since the financial crisis the strength and distribution of household income has dominated much of our political discourse, in stark contrast to a lack of discussion pre-crisis. But the experience of the past actually has much to teach us about the choices Britain faces today.

So what has been the story of poverty and inequality in Britain in recent decades? Does a fresh look at the data mean we need to revise the popular narrative of what has happened? Which policies worked and which growing problems were ignored? And, looking ahead, what is the extent of poverty in 2018 and what are the challenges to come?

At an event at its Westminster headquarters, the Resolution Foundation presented the headline findings from its annual Living Standards Audit, which this year offered a fresh take on income growth over the last two decades by looking in detail at the impact of social security payments on poverty and inequality. A panel of experts responded before taking part in an audience Q&A.