New child poverty measures

Iain Duncan Smith will seek to reassure critics that he is committed to ending child poverty but insist that "meaningful and accurate" measures must replace "arbitrary" household income targets.

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Child poverty 'is costing the UK £25 billion a year'

Child poverty imposes costs on broader society – estimated to be at least £25 billion a year - Child Poverty Action Group have said.

Child poverty costs the UK at least £25 billion a year Credit: Owen Humphreys/PA Wire

Governments forgo prospective revenues as well as commit themselves to providing services in the future if they fail to address child poverty in the here and now, they say.

Child poverty reduced dramatically between 1998/9-2010/12 when 1.1 million children were lifted out of poverty.

Under current government policies, child poverty is projected to rise from 2012/13 with an expected 300,000 more children living in poverty by 2015/16.

This upward trend is expected to continue with 4.2 million children projected to be living in poverty by 2020.

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