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2025-03-22 21:00:39 UTC

Emeritus Prof Christopher May on Nostr: The Joseph Rowntree Foundation reckon that living standards (in monetary terms) in ...

The Joseph Rowntree Foundation reckon that living standards (in monetary terms) in the UK will decline in the next five years, for a range of reasons (from mortgage payment to economic stagnation).

Given this is a continuation of a relatively long-term trend of faltering economic activity in the UK, alongside inequality & various crises (from housing to health), while some may want to lay this at Labour's door, its more to do with older economic miss-steps!

#economics

https://www.theguardian.com/uk-news/2025/mar/22/all-uk-families-to-be-worse-off-by-2030-as-poor-bear-the-brunt-new-data-warns