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2 clusters · 2 sources · 19 days · First seen · Last updated
Economic inequality and poverty in Ireland
Overview
Reports indicate rising economic pressures and poverty levels across Ireland and Northern Ireland. An ESRI report noted that while national income grew in 2024, income poverty rates increased by 1 per cent when accounting for housing costs. This growth has been uneven, with the top tenth of households seeing income rises of over 7 per cent, compared to only 3 per cent for the bottom half.
In Northern Ireland, families are reported to have the lowest discretionary income in the UK, with weekly remaining funds averaging £137 following a significant increase in liquid fuel prices. In the Republic of Ireland, research suggests minimum welfare payments are insufficient to prevent poverty, with some payments sitting nearly 38 per cent below the national poverty line. This has left single individuals and children in households relying on state support near extreme poverty levels.
Entities
Northern Ireland · Cebr · Social Justice Ireland · Community Foundation Ireland · Economic and Social Research Institute
Timeline
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[BUSINESS] 2 sourcesEconomic pressures impact household spending in Northern Ireland and Ireland
Economic reports show Northern Ireland households face the UK's lowest discretionary income due to rising fuel costs, while Irish welfare payments remain significantly below the poverty line.
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[BUSINESS] 3 sourcesIreland reports rise in child poverty despite income growth
An ESRI report reveals rising child poverty in Ireland, noting that uneven income growth has seen top earners' incomes rise significantly faster than those at the bottom.
Sources
europesays.com · thejournal.ie