Child poverty in Britain 'set to soar to new record'

IFS forecast that 37% of children will be in relative poverty by 2022 would see all progress made in the last 20 years undone

The number of children living in poverty will soar to a record 5.2 million over the next five years as government welfare cuts bite deepest on households with young families, a leading UK thinktank has said.

New research from the Institute for Fiscal Studies predicts an increase of more than a million in the number of children living in poverty, more than reversing all the progress made over the past 20 years.