Britons’ Living Standards Set to Deteriorate in Future
Sunday, 23 September 2012 07:07
Posted by David Icke
'A new analysis of deepening income inequality in Britain has found that rich will become richer and the poor become poorer amid plans to enforce £10 billion welfare cuts.
The study, commissioned by the Institute for Fiscal Studies (IFS) and the Institute for Employment Research, for the Resolution Foundation found that low- and middle-income families will have their living standards slashed until 2020, even if the country faces a constant economic growth.
According to the findings, even a boom in future of the UK’s economy will not be able to cover the widening gap in the British society although the government is urged to drop its austerity policy.'
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