University of Lincoln Professor of Social Research, Steve McKay co-authored a major report with the University of Birmingham’s School of Social Policy which looks at the financial challenges faced by some of the UK’s poorest households as living costs increase. The study found that almost half of those surveyed (46 per cent) believed the outcome of June’s General Election would make their household’s economic situation worse, while 35 per cent believed the result of the poll would make no difference to their financial fortunes and just 6 per cent thought they would benefit over the next 12 months. Steve warns that “the gap between the haves and the have-nots is growing. While those at the top have improved their position relative to others, we’re seeing a higher proportion of people struggling at the bottom and being squeezed in the middle… People are generally more pessimistic about the future following the Brexit vote. This provides even more impetus to tackle the fundamental causes of financial exclusion.”
Steve also travelled to Princeton University recently to receive a progress prize for his top-scoring submission to the Fragile Families Challenge, a mass collaboration that combines predictive modeling, causal inference, and in-depth interviews to improve the lives of disadvantaged children in the US, you can read more about that here.
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