“The UK is finding it increasingly difficult to offer the standard of living that many people expect,” William Davies.
The Bank of England is warning that the UK is expected to fall into its longest recession since records began in the 1920s.
Energy and food prices are skyrocketing, and inflation has reached double digits, reaching a scale not seen in 40 years. Amid this economic uncertainty, many Britons have seen their standard of living fall.
“This manifests itself in increasingly deteriorating public services, rising levels of child poverty, some shocking examples of people living in conditions that, not so long ago, the UK would have considered shameful,” says William Davies.
In In the frontDavies, Professor of Political Economy at Goldsmiths, University of London and Co-Director of its Center for Political Economy Research, joins Marc Lamont Hill to discuss what is behind the contraction of the UK economy and what this means for people. in the country.
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