Social Poverty in Britain - Why are millions of Brits so broke?

[AndrewSUFC]

A decade of Conservatives in power has consequences.

 

[ShadowRun]

As long as they don’t misgender people on social media , this doesn’t matter

 

[Your Account]

Even though they've reduced the overall number of the royals who get benefits, they still own billions of dollars worth of public land, get income from taxpayers and don't have to pay inheritance tax.

Also, the Panama Papers showed that King Charles has basically been running his own offshore hedge fund for the past several decades where he leveraged his publicly provided wealth to win in the stock market and has paid zero taxes on any of the income.

 

[Teppodama]

True sovereignty vs economic stability. Doesn't help when a significant portion of the politicians didn't want Brexit and are likely happy to intensify any detrimental impacts of it in the hopes that the public will cry out to get back on their knees for the EU.

 

[The Big Yin]

The definition of poverty is always changing for one vested interest reason or another.

The country is awash with money.

The UK operates opposite to the US in that the rural areas have substantial wealth and the cities have a very few rich with an enormous underclass of those on the breadline.

I'm approached on a monthly basis to sell my house to cash buyers. Often London city types.

Regardless of the image of poverty stricken bomb sites like Jaywick Sands, a majority of Brits work and only have debt on things like mortgages, car repayments and some CC balances and have a very comfortable lifestyle. It's lack of pension provisions that will be the economic hand grenade.

 

[Siver!]

Is that correct ? Any brit residents here ?
whats the status now

Britain has a historically low unemployment rate of 3.6%. Yet poverty levels are breaking all records. It’s a paradoxical situation: almost 15 million Britons are considered poor these days, although there’s almost full employment. The reason: inflation and high energy costs.

Let's start with 'the employment opportunities are dog shit, and increasingly based on companies screwing over people in self employed roles' and go from there.

 

[curryjunkie]

blame brexit?

it aint helping, manufacturing dissapeared around the time thatcher sold off the national assets, large parts of the working population have seen wages go down in real terms for decades, housing and transport has gone up,infrastructure is fucked nationwide but seeing as its victorian like the sewers and the railways the new private owners have zero intention of investing in it, so taxpayers have to bail it out. the national health service has been gutted, so what did large parts of the working class do as a result of getting fucked by the tories since the 80s? voted for brexit ...you couldnt make it up.

 

[JudoThrowFiasco]

Seems like the rate has been steady since the 90's. Influx of dreg end immigration coupled with higher cost of living may skew that number? What's the poverty percentage at now?

 

[CyberRubberDuck]

Is that correct ? Any brit residents here ?
whats the status now

Britain has a historically low unemployment rate of 3.6%. Yet poverty levels are breaking all records. It’s a paradoxical situation: almost 15 million Britons are considered poor these days, although there’s almost full employment. The reason: inflation and high energy costs.

It's trumps fault

 

[tastaylvr]

Why even bring up unemployment rate? It has no relation to wealth lol

 

[Blayt7hh]

As long as they don’t misgender people on social media , this doesn’t matter

Do you guys ever stop crying about trans people? This thread literally nothing to do with that but here you are whining about it and going off topic. Kind of both weird and pathetic tbh

 

[Blunderbuss]

Didnt the price of power like at least double or triple in the last couple of years?

 

[Plastikman_Eire]

Seems like the rate has been steady since the 90's. Influx of dreg end immigration coupled with higher cost of living may skew that number? What's the poverty percentage at now?

Hey, look over there! A distraction!

Yes. Yes......#StopTheBoats.

[Sniggers in Tory]

 

[Billy no mates]

Didnt the price of power like at least double or triple in the last couple of years?

Yep , and the resulting profitflation is one of the factors skewing the economy .

 

[BigDeadFreak]

Shit country, shit people, shit economy.

From which vanquished nation do you hail?

 

[nostradumbass]

Why even bring up unemployment rate? It has no relation to wealth lol

Unemployment has no relation to poverty?



If that's the case, and people are still fine being unemployed, there's your problem.

 

[tastaylvr]

Unemployment has no relation to poverty?



If that's the case, and people are still fine being unemployed, there's your problem.

you can have a 100 percent employment rate but if people are not earning enough money then it’s irrelevant lol

a house in London is like 11x the median salary or something crazy like that

the country as a whole has one of the worst median salary relative to purchasing power in the world

 

[fungi]

From which vanquished nation do you hail?

From one that doesn't have kings, and queens, and lords, etc.

 

[BigDeadFreak]

From one that doesn't have kings, and queens, and lords, etc.

This one?

 

[fungi]

This one?

Nope.
That's a shithole, but still better than uk.