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UK wages have fallen more than ever before in a five-year period, the Institute for Fiscal Studies has found. Those on medium and low incomes have had their living standards undermined during an economic crisis not of their making. The undermining of social security as well as workers’ rights are likely to continue to cause social and economic damage.
It's New Year's Eve, newsrooms are quiet and casual comments by ministers are enough to make top headlines. Today, Iain Duncan Smith, the Work and Pensions Secretary, has made the news with some vaguely worded attacks on the system of tax credits.
In seeking once again to blame the poor for poverty, UK work and pensions secretary Iain Duncan Smith has implied that several children of members of the royal family may be poorer than many living on the breadline with parents earning the minimum wage.