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Money falling real wages mean poverty for millions of British

06:00  01 september  2022
06:00  01 september  2022 Source:   finanzen.net

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due to exploding costs for energy and food, poverty in Great Britain will increase significantly.

Wegen explodierender Kosten für Energie und Lebensmittel wird die Armut in Großbritannien einer neuen Studie zufolge deutlich zunehmen. © Andrew Milligan/PA Wire/dpa due to exploding costs for energy and food, poverty in Great Britain will increase significantly.

continues the future government of the previous politics, the number of people in absolute poverty will increase by 3 to 14 million until the financial year 2023/24 (March 31), the Denkfabrik Resolution Foundation (RF) announced on Thursday. That would be almost every fifth of the 67 million inhabitants. The relative child poverty - if parents have less than 50 percent of the average net income for their family - climbs to 33 percent by 2026/27.

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The main cause is the rapid case of real wages, the think tank emphasized. By mid -2023, the entire real wax growth will be destroyed for 20 years.

The Governing Conservative Party announces next Monday whether Foreign Minister Liz Truss, who is considered a favorite, or ex-finance minister Rishi Sunak will succeed Prime Minister Boris Johnson. Resolution Foundation emphasized that significant support measures by the new government were inevitable in view of the extent of the economic problems. Among other things, the thought factory proposed additional help for energy bills and higher social benefits.

"Great Britain has been experiencing the greatest decline in real wages since 1977, and a tough winter is threatened because the energy bills will become 500 pounds a month," said RF expert Lalitha Try. The prospects are frightening, so radical political actions such as an energy support package worth dozens of billions are necessary.

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in TPMP People, Matthieu Delormeau returned to the amount of wages paid to the celebrities of the last edition of Dance with the stars. © Capture C8 In TPMP People, Matthieu Delormeau returned to the amount of wages paid to the celebrities of the last edition of Dance with the stars. Friday September 9 took place on TF1 the launch of the new season of Dance with the stars.

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