Minimum Income Standard for the UK
- The Minimum Income Standard is the income that people need in order to reach a minimum socially acceptable standard of living in the United Kingdom today, based on what members of the public think. Requirements for each household type specify how much they need to spend and what they need to earn in order to reach this standard.
- A minimum standard of living in Britain today includes, but is more than just, food, clothes and shelter. It is about having what you need in order to have the opportunities and choices necessary to participate in society.
- A Minimum Income Standard in the United Kingdom is an ongoing programme of research to define what level of income is needed to allow a minimum acceptable standard of living in the UK today.