The Perfect Storm: Economic stagnation, the rising cost of living, public spending cuts, and the impact on UK poverty

‘The Perfect Storm: Economic stagnation, the rising cost of living, public spending cuts, and the impact on UK poverty’ 

 The Perfect Storm: Economic stagnation, the rising cost of living, public spending cuts, and the impact on UK poverty

The combination in the UK of economic stagnation and public spending cuts is causing substantial hardship to people living in poverty. This amounts to a ‘Perfect Storm’ of falling incomes, rising prices, public service cuts, benefit cuts, a housing crisis, and weak labour rights. By making different political choices, the government can both protect people in poverty and help to stimulate economic recovery in the short term, and set the UK on the way towards economic, social and environmental sustainability in the long term.

 
 
Authors  Haddad, Moussa
Publication date: 14 Jun 2012
ISBN: 978-1-78077-118-2
Publisher: Oxfam GB
Type: Policy paper
Comments
  • DAVID A SHAW June 19, 2012 at 10:17 am

    Sadly this government cares nothing for those in poverty and are quite content to put thousands more families and individuals into it. They care for themselves and their ‘chums’ and no one else. And everyone must pay for the Banks and their continuing failure and bonuses for their CEOs, and the corruption that is rife in the current administration.

  • jeffery davies June 19, 2012 at 5:44 pm

    they eat caviar we eat beans on toast we old cars they drive exspensive cars and so the rich get richer and we pay taxes for them while they escape paying any now thats who i call about right couple pecent rule the masses and so it goes on jeff3

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