Counting the cost of UK poverty
This report estimates the more tangible cost that poverty brings to society, specifically in the form of the cost to the public purse. It illustrates the magnitude of the cost of poverty in order to show the kinds of savings that a sustained reduction in poverty could bring. It also looks at some longer-term consequences of poverty to the Treasury, in terms of reduced revenues and increased benefit payments to people whose earnings potential will be damaged in the future by the experience of poverty today.