Inequality is on the rise in the UK after the gap between the richest and the poorest widened, according to the Office for National Statistics, and the benefits freeze is to blame.
The richest fifth of the population saw average income increase by 4.7 per cent for the financial year ending in 2018 while it contracted by 1.6 per cent for the poorest.
— ResolutionFoundation (@resfoundation) February 26, 2019
This means that the freeze on household benefits means that inflation has devalued how much each family receives in real terms.
Brought in back in 2015 by then-chancellor of the exchequer George Osborne, the freeze is due to last until 2020.