Regular
reports on the growing Poverty, Unemployment, Debt and Inequality of
the neo-capitalist world
UK:
“A new
study says the number of Britons living in absolute poverty is now
300,000 higher than previously thought.”
“The
report says stakes are high for the British people who are living in
poverty especially given that the cost of energy over the past few
years rose by 67 percent and the cost of food by 32 percent. Over the
same period, the retail price index -- a key measure of the cost of a
basket of goods and services -- jumped by 22 percent. This comes as
other reports earlier said that 5.2 million British people, or 22
percent of the workforce, receive less than the prescribed living
wage, an increase of one percent over the past year.”
“The UK
consultancy firm KPMP on Monday said in a report that 5.28 million
employees across the UK earn less than 7.65 pounds per hour, while in
the capital, London, the rate stands at 8.80 pounds.”
“The
report also revealed that younger workers, women and part-timers are
more likely to be paid less than the current living wage.”
“Weyman
Bennet from the London-based activist group Unite Against Fascism
says the British government’s austerity measures will show its
effects on the more vulnerable portions of the population sooner or
later.”
“...
Britain is one of the most indebted communities in Europe and in the
world, adding that the country has the same fragilities as the rest
of Europe.”
“Bennet
has further emphasized that Britain will not be able to sustain its
current level of growth because of the cuts and 'because people’s
living standards are falling'. People will not be able to buy goods
or services because of the cuts, he has warned.”
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