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Economic Inequality

7 articles

The Hidden Crisis: How 6.5 Million on Benefits Exposes Britain's Economic Delusion

• via Fraser Nelson's notebook

The Hidden Crisis: How 6.5 Million on Benefits Exposes Britain's Economic Delusion

The Unseen Majority Behind the Unemployment Illusion

Based on Fraser Nelson's investigative piece, this article covers the staggering reality of 6.5 million working-age Britons on out-of-work benefits, a figure obscured by official statistics and institutional obfuscation. It explores the systemic failures that allow such a vast portion of the population to remain economically inactive while the government touts low unemployment rates, revealing the deep contradictions and social consequences of Britain's welfare state.

The £200 Billion Extraction: How Privatisation Became Britain's Longest-Running Wealth Transfer

• via The Guardian

The £200 Billion Extraction: How Privatisation Became Britain's Longest-Running Wealth Transfer

Four decades of privatisation have funneled £193bn from UK households to shareholders, while infrastructure decays and bills soar.

Since 1991, £193 billion has been extracted from British households and transferred to shareholders of privatised utilities, while promised competition and efficiency delivered polluted rivers, unreliable trains, and soaring bills. This isn't a policy debate anymore. It's a measurable wealth transfer operating at industrial scale.

The Fiscal Reckoning: When Electoral Promises Meet Economic Reality

• via BBC News

The Fiscal Reckoning: When Electoral Promises Meet Economic Reality

The Cost of Political Ambition in the UK's Economic Strategy is Becoming Clear

As the UK grapples with soaring borrowing costs and fiscal pressures, the gap between political promises and economic realities has never been more pronounced. Rachel Reeves is now faced with the challenge of reconciling these conflicting demands. This analysis delves into the implications for Labour's agenda and the broader political landscape.

The Middle-Class Pension Trap: How Labour's Tax Raid Exposes Britain's Broken Social Contract

• via The Telegraph

The Middle-Class Pension Trap: How Labour's Tax Raid Exposes Britain's Broken Social Contract

How Labour's Tax Policies Are Failing the Middle Class

Labour's tax policies are increasingly burdening the middle class, with new measures set to hit ordinary families hard. Despite promises to support working people, the reality is that many will face higher taxes and reduced benefits, all while the government fails to address the root causes of economic inequality.