How can the words "credible journalist" be used in the context of a story in the Daily Mail?You must log in or register to see media
How can the words "credible journalist" be used in the context of a story in the Daily Mail?You must log in or register to see media
All down to the austerity policies of the government which was supposed to restore the budget surplus by 2020, and which they have now admitted defeat on. So all that pain was for absolutely nothing. Thanks guys.Living standards this decade are "the worst since the last war" and the outlook for wages is dreadful, independent economists have said.
The Institute for Fiscal Studies (IFS) said workers would earn less in real wages in 2021 than they did in 2008.
Other analysis shows the biggest losers between now and 2020 will be lower income families, with the poorest third likely to see incomes drop.
...
"This has, for sure, been the worst decade for living standards certainly since the last war and probably since the 1920s," said Paul Johnson, director of the IFS.
"We have seen no increase in average incomes so far and it does not look like we are going to get much of an increase over the next four or five years either."
'Dreadful'
The "outlook for living standards and for the public finances has deteriorated pretty sharply over the last nine months", he added.
Real average earnings - which factor in the rising cost of living - were forecast to rise by less than 5% between now and 2021. That forecast is 3.7% lower than was projected in March.
"Half of the wage growth projected for the next five years back in March is not now projected to happen. On these projections real wages will, remarkably, still be below their 2008 levels in 2021," Mr Johnson said.
"One cannot stress enough how dreadful that is - more than a decade without real earnings growth. We have certainly not seen a period remotely like it in the last 70 years."
More: http://www.bbc.co.uk/news/business-38090977
Poverty is poverty agreed......but what some people call poverty is just not real in my book. Yes we are indeed a first world country and because of that we attract all and sundry. It is a natural phenomenon I guess but I know not if that is contributing to the figures you are quoting. You quoted earlier Beefy about how far we are up a league in Europe as to the numbers of people needing help. Hmmm maybe you should be looking into those figures a bit more. Especially as we are reputed to be not so tough on claimants as they are. Apparently our rules are easier to circumnavigate than most other European nations. (As quoted to me by two individual European members of parliament) Neither English nor Scottish I might add.
I heard recently that a very high proportion some 25 billion or so of our economy is lost to waste and fruadelent use which no doubt incorporates the figures you are quoting on tax evasion. At least this government is trying to tackle that. If they are doing things in a wrong way is a different argument all together. I am sure we all have our own thought as to best thwart the fraudsters. No matter who's in power the wheels of government always seem to grind slowly. For us on the receiving end....never fast enough.
Serious question.
Do you honestly believe that a Government, where the majority party is dependent on donations from rich people/corporations, who we are led to believe play fast and loose with the tax laws in order to reduce their tax payments, will actually tackle tax evasion with any real effort, knowing that they could lose future party donations?
Living standards this decade are "the worst since the last war" and the outlook for wages is dreadful, independent economists have said.
The Institute for Fiscal Studies (IFS) said workers would earn less in real wages in 2021 than they did in 2008.
Other analysis shows the biggest losers between now and 2020 will be lower income families, with the poorest third likely to see incomes drop.
...
"This has, for sure, been the worst decade for living standards certainly since the last war and probably since the 1920s," said Paul Johnson, director of the IFS.
"We have seen no increase in average incomes so far and it does not look like we are going to get much of an increase over the next four or five years either."
'Dreadful'
The "outlook for living standards and for the public finances has deteriorated pretty sharply over the last nine months", he added.
Real average earnings - which factor in the rising cost of living - were forecast to rise by less than 5% between now and 2021. That forecast is 3.7% lower than was projected in March.
"Half of the wage growth projected for the next five years back in March is not now projected to happen. On these projections real wages will, remarkably, still be below their 2008 levels in 2021," Mr Johnson said.
"One cannot stress enough how dreadful that is - more than a decade without real earnings growth. We have certainly not seen a period remotely like it in the last 70 years."
More: http://www.bbc.co.uk/news/business-38090977
In a few years we might regress to the Tory holy grail of "back to Victorian values" with slums and workhouses and the rich taking tours to point and laugh at the poor.
http://news.sky.com/story/bnp-donations-outstrip-ukip-electoral-commission-figures-show-10670055
BNP numbers rising since Brexit or so they claim.
Glancing through the BBC website, I see that Andy Murray is being talked about as being a possible candidate for a knight of the realm. I think we can all acknowledge what a wonderful athlete he is in general, a superb tennis player in particular, leading GB to a rare Davis Cup win and of course winning another GS and the Olympic gold. As things stand, he is well rewarded financially and given the respect by the watching public. However, I do detect that even he is a little embarassed by the suggestion so I would not give him a knighthood. Neither would I give it to any sporting or show business person either. The people who really deserve one are our brave fire-fighters, our doctors and nurses who stitch up patients at the weekend, our train drivers and other people who work unsocial hours.
In a few years we might regress to the Tory holy grail of "back to Victorian values" with slums and workhouses and the rich taking tours to point and laugh at the poor.

http://news.sky.com/story/bnp-donations-outstrip-ukip-electoral-commission-figures-show-10670055
BNP numbers rising since Brexit or so they claim.
I don't think you can say that actually. The story is mainly about donations. It says the BNP received one single bequest of £94K in someone's will. That's it, one person. It's possible that person changed their will after the referendum but the story also says the BNP have received £1m in the last five years so I don't think you can say that's anything to do with Brexit.The lid has been prised off by Brexit.
I'm bound to say that some of us knew that this was going to be one of the repercussions of that vote. As I mentioned at the time - huge step to the right wing by the ordinary working class. That's what an ill-informed decision does for you.
I was born and raised with the adage that the rich get richer and the poor get poorer under a Tory government and unfortunately it seems more true by the day.
I try to be agnostic with religion and neutral with politics but it's becoming increasingly difficult with the policies that the Tory government are implementing.