Reports also indicate that the British society is reentering the Victorian era crisis with thousands of people pleading for assistance from food and clothes banks.

The study conducted by Britain's biggest insurance firm Aviva further shows that British families are now separated by a bigger income gap than in January 2011.

While the difference between average monthly incomes of the highest and lowest earning types of British families was £1,281 three years ago, the gap has grown by 14% to £1,459 in December 2013.

The research also showed single parents with one child or more have the lowest typical income of £963.

The percentage of families with less than £2,000 to depend on has also soared from 28% to 40% between January and December.

Britain’s leading charity, Action for Children, has warned that the country is once again at risk of witnessing the poorest resorting to street begging and food scrounging.

RA/MB