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	<title>The Spectacle Blog &#187; Cost of living</title>
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		<title>Minimum cost of living rising twice the rate of inflation</title>
		<link>http://www.spectacle.co.uk/spectacleblog/poverty-and-the-media/minimum-cost-of-living-rising-twice-the-rate-of-inflation/</link>
		<comments>http://www.spectacle.co.uk/spectacleblog/poverty-and-the-media/minimum-cost-of-living-rising-twice-the-rate-of-inflation/#comments</comments>
		<pubDate>Mon, 06 Jul 2009 12:03:45 +0000</pubDate>
		<dc:creator>adosini</dc:creator>
				<category><![CDATA[Poverty and the Media]]></category>
		<category><![CDATA[Benefits]]></category>
		<category><![CDATA[Cost of living]]></category>
		<category><![CDATA[Economic crisis]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Job losses]]></category>
		<category><![CDATA[Joseph Rowntree Foundation]]></category>
		<category><![CDATA[social policy]]></category>

		<guid isPermaLink="false">http://www.spectacle.co.uk/spectacleblog/?p=1357</guid>
		<description><![CDATA[In 2008 the Joseph Rowntree Foundation published its first  &#8216;minimum standard for Britain&#8217; surveying members of the public to find out what income they thought was needed to achieve a socially acceptable standard of living. This survey has now been updated taking into account the rising rate of unemployment and the economic crisis with some [...]]]></description>
			<content:encoded><![CDATA[<p>In 2008 the <a href="www.jrf.org.uk">Joseph Rowntree Foundation</a> published its first  &#8216;minimum standard for Britain&#8217; surveying members of the public to find out what income they thought was needed to achieve a socially acceptable standard of living. This survey has now been updated taking into account the rising rate of unemployment and the economic crisis with some fascinating results.</p>
<ul>
<li>A single adult with no children now needs to earn at least £13,900 a year before tax to reach the minimum standard. This is a £500 rise from 2008; nearly half of this extra income is needed for the rising cost of food.</li>
<li>About one in four people are living below the minimum income standard for Britain, and this is increasing as unemployment rises.</li>
<li>The minimum cost of living has risen by 5%, contrasting with official inflation figures of 2½% (CPI) and -1% (RPI). A low-paid worker whose earnings were linked to the retail prices index could be 6% worse off this year, relative to the minimum cost of living.</li>
<li>Job loss can leave you with less than half the income that you actually need to live according to the minimum income standard for Britain.</li>
</ul>
<p>To download a full copy of this report please visit our Poverty and the Media <a href="http://www.spectacle.co.uk/projects_page.php?id=193">Resources and Download Page</a></p>
<p>To watch clips of Spectacle&#8217;s Poverty and Media project please visit our <a href="http://www.spectacle.co.uk/projects_page.php?id=158">Project Page</a></p>
<p>Alternatively you can also find footage of this project in our <a href="http://www.spectacle.co.uk/archive_index.php">Archive</a></p>
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