1./ Lifting the UK’s chronically poor productivity has been the goal of successive Tory governments but it has proved elusive.
— M.A. Jones ️ (@technopopulist) May 2, 2022
By the end of 2019, it was 20% below the level it would have reached if it had continued on its pre-(financial) crisis path. pic.twitter.com/540kQ7joVb
2./ The UK’s great wage stagnation: real wages will still be lower in 2025 than in 2008. pic.twitter.com/HjueZSd8Vh
— M.A. Jones ️ (@technopopulist) May 2, 2022
4./ The value of outstanding student loans at the end of 2020-21 reached £160 billion. The Government forecasts the value of outstanding loans to be around £560 billion (2019 20 prices) by the middle of this century. pic.twitter.com/rTknYD6xpN
— M.A. Jones ️ (@technopopulist) May 2, 2022
6./ Record numbers of young adults in their 20s and 30s are living with their parents. pic.twitter.com/QpVufy4MbM
— M.A. Jones ️ (@technopopulist) May 2, 2022
8./ The IMF is warning that Britain faces the worst inflation shock of all major advanced economies over the next two years. pic.twitter.com/ujRjhn6mm2
— M.A. Jones ️ (@technopopulist) May 2, 2022
10./ Comparison between weekly Universal Credit standard allowance in 2021/22 and £70 destitution threshold.
— M.A. Jones ️ (@technopopulist) May 2, 2022
Source: https://t.co/VfsjdTZMU2 pic.twitter.com/NHFIOCUbUp
12./ Britons now pay almost as much as Americans on out-of-pocket healthcare. pic.twitter.com/T92rtj5s1c
— M.A. Jones ️ (@technopopulist) May 2, 2022
14./ Inequality has risen again. The gap between the middle and wealthiest 10% has increased by £44,000 mid-crisis (on top of a £350,000 increase in the pre-crisis decade). pic.twitter.com/2Vs2eUbt4N
— M.A. Jones ️ (@technopopulist) May 2, 2022