Policy Exchange

"Households are currently deemed to be living below the poverty line if the money coming in is less than 60% of the average income.

"But the think tank Policy Exchange says that definition is too narrow and that social deprivation should also be considered.

"'It doesn't matter if you are just above the line or below the line,' said the head of economics and social policy at the organisation, Matthew Oakley .

"'If you have poor education, poor housing, you're struggling with family life, there's debt in the household, we should be trying to help these families... Just focusing on income clearly isn't enough.'"

See the full article on the Sky News website