11:28 GMT29 November 2020
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    An average of 700,000 people lived in poverty in Wales in the three years to 2014-2015, which is equal to 23 percent of Wales' population, according to the report of the Joseph Rowntree Foundation.

    MOSCOW (Sputnik) — Almost a quarter of citizens in Wales are faced with poverty, which is costing the country around 3.6 billion pounds ($4.4 billion) in additional public spending a year, a report by the Joseph Rowntree Foundation revealed on Tuesday.

    The "Prosperity without poverty" report said that an average of 700,000 people lived in poverty in Wales in the three years to 2014-2015, which is equal to 23 percent of Wales' population.

    It found that poverty is responsible for around 3.6 billion pounds of additional public spending on health, education, social care and police and criminal justice services — an equivalent of over 20 percent of the Welsh budget.

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    The report also addressed the fact that the UK departure from the European Union could exacerbate the situation, as Wales currently receives funding from Brussels. The foundation added that, "in the longer term, the UK government should earmark a sum equivalent to Wales’s structural fund receipts – approximately £400m a year in 2014."

    The foundation issued a number of recommendations to tackle the situation, including the building of affordable homes, an employability program and the creation of an enterprise zone to stimulate job creation.


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