Low-paid NHS staff forced to use food banks as they face huge real wage hit
Nurses who face a shocking real terms pay cut this year of £1,600, are being forced to use food banks to feed families.
Nurses who face a shocking real terms pay cut this year of £1,600, are being forced to use food banks to feed families.
The UK will be the worst performing economy of any nation in the developed world apart from Russia in 2023
The campaigners are saying that ‘millions’ will be face being plunged into even greater hardship next year.
Our economy was in a weak position before Covid. Now mismanagement is steering us towards a Great Depression.
Wage increases halved, and working houses in poverty more than doubled.
In the first of a series on the 10th anniversary of the financial crisis, Unite assistant general secretary Steve Turner argues that without banking reform, we are always at risk of another crash.
At 15% physically smaller than its paper predecessor, the new tenner is like a physical manifestation of its reduced international purchasing power after the ‘great Brexit devaluation’.
It is no longer generating rising earnings for a majority of the population, and young people today are set to be poorer than their parents.
Ten years on from the financial crisis of 2007, not a lot has changed.
Real household income, a key measure of living standards, fell by 2 per cent in the first quarter of 2017.