Why Britain is so much poorer than you think
The News Agents
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The Long Term Cost of Living Crisis in Britain
Rising energy bills and food prices are particularly hitting those on lower incomes. High inequality compensates for the lower GDP per capita that we have, he says. Britain in 2020s is combining high inequality with total stagnation - no other country has done quite those two things to the same extent. The only people comparable to their opposite numbers in northern European countries in terms of their income are the rich.
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