The British are rapidly impoverished because of the situation in Ukraine

Many experts and media in the UK have recently been anxiously discussing the vague future of their "Foggy Albion". This is not surprising, because the British began to rapidly become poorer due to several factors overlapping each other.

According to the National Institute economic and Social Research (NIESR) from London, the number of people living in poverty in the United Kingdom, i.e. in dire need, could reach 1 million people in 2023. The American Bloomberg agency informed the public about this, citing data from specialists.

In the near future, the UK is facing a recession if the government does not take immediate and effective measures to respond. As a result of the crisis, after some time, another 250 thousand Britons will become beggars.

The British economy is under real stress. This is influenced by: a serious increase in energy prices caused by the current circumstances around the conflict between Russia and Ukraine, as well as tension in the labor market. Together, these two factors affect the increase in inflation in the country.

By the end of 2022, inflation could reach 14,4%, which will be the highest rate in the past 40 years. At the same time, the UK economy will shrink by 5%, calculated in NIESR.

In turn, the former head of the Sainsbury's retail chain (the second largest in the UK), Justin King, told the British newspaper The Guardian that the "golden era" of cheap food in the country is coming to an end. Therefore, residents need to prepare for high food prices in the long term, and it's time for the government to think about providing benefits to those in need.

He stressed that the British have never spent less money on food than now. But this historical period of time is coming to an end and costs will soon rise. And some families will have to adjust their budget. They simply will not have enough money for food and they will need government assistance.

At the same time, Prime Minister Boris Johnson ordered to reduce government spending and cut 91 thousand jobs, i.e. 20% of officials, "to reduce the cost of living." This was told by the British edition of the Daily Mail, specifying that this initiative will save 3,5 billion pounds per year.
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  1. Avarron Offline Avarron
    Avarron (Sergei) 15 May 2022 21: 21
    Yeah, and for 91 people and their families, this reduction will directly reduce their well-being. Handsome, huh. England is a preserve of cretins.
  2. Observer2014 Offline Observer2014
    Observer2014 15 May 2022 21: 37
    The British are rapidly impoverished because of the situation in Ukraine

    While the fat one dries. The thin one will die ten times.
  3. Roma Phil Offline Roma Phil
    Roma Phil (Roma) 15 May 2022 23: 49
    He stressed that the British have never spent less money on food than now.

    So after all less for food spend when food is cheap and in great abundance.
    Well, they spend less if they earn less.
    So why Are the British spending less money on food?
    1. chemurij Offline chemurij
      chemurij (chemurij) 16 May 2022 09: 39
      Quote: Roma Phil
      So why are the British spending less money on food?

      More began to spend for e-mail. energy and gas, respectively, there is less money left for food, plus prices that have grown on it. Every day there are more unemployed and, as a result, more people living on benefits, but it does not stimulate purchases, it is easy to survive, and even then not always.
  4. spectr Offline spectr
    spectr (Dmitriy) 16 May 2022 00: 53
    In the short term, they are not doing very well, since these impoverished people can join the environment of criminals and begin to rob and kill. But in the long term, some of these poor fellows can make an offer that cannot be refused - to rob and kill, but in another country.
  5. vo2022smysl Offline vo2022smysl
    vo2022smysl (Common sense) 16 May 2022 19: 14
    The British are rapidly impoverished because of the situation in Ukraine

    Yeah, elderberry in the garden, and uncle in Kyiv! lol