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- Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Steep prices rises, following Russia's invasion of Ukraine, meant hundreds of thousands more people fell into absolute poverty. The figure jumped to 12 million in 2022-2023, a rise of 600,000. This means the rate of absolute poverty in the UK now stands at 18% - a rise of 0.78 percentage points.www.bbc.co.uk/news/uk-68625344.ampDespite being one of the most developed countries in the world, the United Kingdom struggles with a fairly significant degree of poverty. As of 2022, around 11 million people in the UK were living in relative poverty, with that number increasing to 14.4 million when housing costs are considered.www.statista.com/topics/3809/poverty-in-the-uk/
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