What is the impact of income inequality and poverty on economic growth in the UK?

Background

Sustainable economic growth is at the heart of everything HM Treasury is working to achieve. The Growth section includes key questions that are expected to support the government in taking action to fix the foundations of the economy, rebuild Britain and make every part of the country better off.

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This question was published as part of the set of ARIs in this document:

HMT Areas of Research Interest October 2024

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Related UKRI funded projects

  • The ESRC Global Poverty and Inequality Dynamics (GPID) Strategic Research Network

    The network will define a new research agenda that considers how inclusive growth and structural economic transformation are related in different contexts; and the implications of that for reducing global poverty. The ...

    Funded by: ESRC

    Lead research organisation: King's College London

    Why might this be relevant?

    The project directly addresses the impact of income inequality and poverty on economic growth in various countries, including the UK.

  • African Centre of Excellence for Inequality Research: Partnerships and Capacity Building for Economic Development

    Seven of the world's 10 most unequal countries are located in Africa - this while the continent's population is bound to take a rapidly rising share of the world's population in the next 30 years. Understanding Africa's ...

    Funded by: GCRF

    Lead research organisation: University of Cape Town

    Why might this be relevant?

    The project focuses on inequality research in Africa, which may provide insights applicable to the UK context.

  • Discussing Inequality: Materials for the classroom and beyond

    The best-selling book The Spirit Level: why equality is better for everyone (Wilkinson & Pickett, Penguin 2009), brought together several decades of research, to which a great many people contributed, covering the he...

    Funded by: ESRC

    Lead research organisation: University of York

    Why might this be relevant?

    The project discusses the impact of income inequality, which can contribute to understanding its effects on economic growth.

  • A Dynamic Analysis of Poverty and Vulnerability in Wales: Moving Beyond the "Conventional" Approach

    There is increasing recognition among academics and practitioners that poverty is multidimensional and context specific. It is the multiple aspects of poverty that together define the experience of the poor. Considering ...

    Funded by: ESRC

    Lead research organisation: Aberystwyth University

  • Harnessing growth sectors for poverty reduction: what works to reduce poverty through sustainable employment with opportunities for progression

    Traditionally employment has been seen as a key route out of poverty. People in employment are less likely to be in poverty than those without paid work but the benefits of entry into employment where pay is low are ques...

    Funded by: ESRC

    Lead research organisation: University of Warwick

    Why might this be relevant?

    The project specifically focuses on the impact of income inequality and poverty on economic growth in the UK, providing a comprehensive analysis and recommendations.

  • Inequality, Social Science and History Research Network

    In recent years, inequality has become a central concern of policy makers and social scientists in economics, sociology and political science. Evidence is mounting regarding the negative consequences of high inequality f...

    Funded by: AHRC

    Lead research organisation: University of Cambridge

  • A new measure of socioeconomic inequalities for international comparison

    The overall objective of the INCASI2 project is to establish a global cross-sectoral network of experts working on a joint research programme aimed at building a new analytical model of socioeconomic inequalities in orde...

    Funded by: Horizon Europe Guarantee

    Lead research organisation: Middlesex University

Similar ARIs from other organisations

Economic and Fiscal Issues Theme 4: Economic inequality, poverty, and inclusive growth Welsh Government, 2025
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