Thatcherism and poverty: did the poor get poorer?

There is no arguing with the fact that the UK became a more unequal society during and in the aftermath of Thatcherism. The gradient of consumption, too, became steeper over time. But the notion that the poorest have been cut adrift from the rest of society is a peculiarity of the income data. When Margaret Thatcher left office, consumption levels of the least well-off were about a quarter above their 1979-level.

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Source: http://www.iea.org.uk/blog/thatcherism-and-poverty-did-the-poor-get-poorer

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