Minimum Income Standard in the UK 2024 webinar
The Minimum Income Standard (MIS) provides a vision of the living standards that we as a society agree everyone in the UK should be able to achieve.
The Minimum Income Standard (MIS) sets out the income required to achieve a socially acceptable standard of living in the UK, based on what the public thinks is needed to meet material needs and participate in society. Our 2024 report comes at a crucial time, offering insights into the cost-of-living crisis and its impact on households across the nation.
Since 2008, the MIS research has set a benchmark for living standards, determining the income necessary to live with dignity. The 2024 report is particularly significant as it is the first time all household budgets have been rebased in the same year, providing a comprehensive update on public perceptions of a minimum socially acceptable standard of living.
More about this event
This year's launch event where we unveiled our latest findings and discussed their implications for policy, practice, and the public.
During this webinar we:
- heard from leading experts who will present the 2024 MIS findings
- explored the challenges and opportunities these findings present for various sectors
- engaged in a Q&A session.
Speakers
Before joining JRF, Peter worked for almost 20 years in the Civil Service. He led on a number of issues at the Department of Work and Pensions, including poverty analysis, policies, and developing measures for persistent poverty and child poverty. Previously, he worked on fuel poverty and energy price analysis. Peter is interested in all elements of poverty measurement and is passionate about making sure analysis has impact. He oversees JRF's monitoring strategy and research reports.
Adél started her career at the research agency Ipsos MORI before moving to the National Autistic Society and Family Fund, a grant-making charity supporting families on low-incomes raising disabled or seriously ill children and young people. Her work has focussed on gathering robust data on a wide range of subjects using quantitative and qualitative research methodologies. Adél's research focuses on understanding public attitudes to poverty, destitution and economic security. Since joining JRF in 2019, she has also overseen the Minimum Income Standards programme of work, which has been conducted by the Centre for Research in Social Policy at Loughborough University since 2006.
Rosario leads JRF's insight and analysis infrastructure, which aims to generate timely and impactful insights on social and economic inequalities. Prior to joining JRF, Rosario was Data Lead at New Philanthropy Capital, where he was responsible for leading the charity’s data strategy and providing thought leadership on the effective use of data and impact measurement. He has also worked for the children and young people's charity Buttle UK, and the West London Children Zone. Before joining the charitable sector, Rosario held various research and analysis roles for market research companies and has an academic background in law and forensic psychology.
Professor Matt Padley is Co-Director of the Centre for Research in Social Policy (CRSP) at Loughborough University in the UK, where he has pioneered work on retirement living standards, as well as leading research on dignified living standards in London for the past decade. He has responsibility for the Centre’s quantitative research, leading on data analysis and the application and development of the Minimum Income Standard (MIS) in the UK and globally. His research focuses on public conceptions and understanding of living standards, and how these can be used within public and social policy. He has worked with colleagues in Mexico, Singapore, Portugal, Thailand and South Africa, supporting the development and application of MIS in these countries.
Dr Juliet Stone is Research Fellow at the Centre for Research in Social Policy (CRSP) at Loughborough University in the UK, where she focuses on quantitative analysis relating to low income and living standards. Juliet plays a key role in the Minimum Income Standard (MIS) programme of research that was developed at CRSP, and takes the lead on producing and analysing MIS data for a wide range of outputs, including the annual Households Below MIS report. Other work includes research for the end-of-life charity Marie Curie to produce the first ever estimates of the number of people who die in poverty, and working with the End Child Poverty Coalition to produce annual estimates of child poverty rates at a local level.
Tony has worked in employment policy and research for the last twenty years, in a range of roles spanning central government and independent institutes. As Institute Director at IES, Tony leads a team of fifty people delivering research, analysis and consultancy support on employment, skills, education and HR. He has particular expertise in labour market policy and analysis; the design, delivery and evaluation of employment and skills programmes and supporting organisations to understand and apply evidence of ‘what works’ in employment policy and service delivery.
Prior to joining IES in October 2018, Tony was Director of Research and Development at the Learning and Work Institute, and before that a Director at the Centre for Economic and Social Inclusion. Between 2001 and 2011 he worked on employment, skills and welfare in the Department for Work and Pensions, Jobcentre Plus and HM Treasury. While in government this included leading on the design and implementation of a number of employment programmes during the financial crisis including the Future Jobs Fund; supporting David Freud on his independent review of 'welfare to work' in 2007, and latterly working as Head of employment policy at HM Treasury in the early years of the Coalition government where he advised Treasury Ministers on the labour market and public policy.
Deven Ghelani is a thought leader in the area of welfare reform. He has worked on Universal Credit since its inception and has written extensively on welfare policy, government spending and employment.
His publications include ‘Outcome-based Government’, a guide to maximising returns from public spending and ‘Creating Opportunity, Rewarding Ambition’, an analysis of entry-level employment.
Deven set up Policy in Practice, a social policy, software and consulting business that makes the welfare system easier to understand and bridges the gap between the development of policy and its implementation. Its mission is to help change people’s lives by communicating policy properly so that people can make the decisions that are right for them.
As well as policy research, Policy in Practice provides analysis, primarily for local authorities to help identify the impact of welfare reform, or develop their support schemes. It also built powerful software that helps local organisations to support customers while delivering welfare policy intent.
Deven is also a founding member of the Welfare Reform Club.
Who is this event for?
This webinar was an opportunity to gain a deeper understanding of what it means to achieve a socially acceptable standard of living in the UK. This webinar is for:
- policymakers
- researchers
- practitioners
- anyone passionate about tackling poverty and inequality.
This event is part of the cost of living topic.
Find out more about our work in this area.