Weak pay rises and dearer housing fuel jump in working poor, says IFS

Number in poverty rises to 8m, with 60% living in households where someone works Britain has seen a big jump in the working poor since the 1990s, with almost three out of five people below the official poverty line living in a household where at least …

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Council staff pensions at risk from Woodford investments

Three Welsh local authorities have put in up to £10m in sister scheme hit by suspension of flagship fundCouncil workers have been left exposed to the underperformance of Neil Woodford’s stock market-listed fund, with a £10m investment by council pensio…

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