The Perfect Storm: Economic stagnation, the rising cost of living, public spending cuts, and the impact on UK poverty
Overview
The combination in the UK of economic stagnation and public spending cuts is causing substantial hardship to people living in poverty. This amounts to a ‘Perfect Storm’ of falling incomes, rising prices, public service cuts, benefit cuts, a housing crisis, and weak labour rights. By making different political choices, the government can both protect people in poverty and help to stimulate economic recovery in the short term, and set the UK on the way towards economic, social and environmental sustainability in the long term.
Keywords
Additional details
Author(s)
Publisher(s)
ISBN
978-1-78077-118-2How to cite this resource
Citation styles vary so we recommend you check what is appropriate for your context. You may choose to cite Oxfam resources as follows:
Author(s)/Editor(s). (Year of publication). Title and sub-title. Place of publication: name of publisher. DOI (where available). URL
Our FAQs page has some examples of this approach.