The Resolution Foundation has just issued a report on people in the UK on low to middle incomes. (£17k £41k - with kids.) Two thirds are now struggling with bills. Two thirds have no pensions. A half are now taking no holidays. A half had a home mortgage 6 years ago and now its a third.
The report points out that this group's earnings had already stagnated for a decade before 2007.
Apparently (is this a surprise to you?) for over 30 years the proceeds of growth in Britain have mainly gone into the incomes of the top 10%.
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