The UK’s decision to raise the age at which people can claim pension benefits pushed almost 100,000 more people into poverty – one-in-seven of those affected by the change.
It showed that people with lower levels of education and living in rented accommodation were most likely to suffer the biggest living standards decline and adds to broader concerns about a cost-of-living squeeze on household incomes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zoom Fibre — the fastest company to 100,000 homes passed in South AfricaMyBroadband spoke to Zoom Fibre about its progress in South Africa and its future plans.
Source: mybroadband - 🏆 11. / 67 Read more »
Business Maverick: British manufacturers decry government ‘gimmicks’, want tax cutsThe Paris-based OECD forecast this month that Britain will see the weakest growth next year of any major economy other than Russia, as well as persistent inflation. your sanctions 🤕 your recession 🤕
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Macron’s historic ballot setback risks undermining reform agendaThe French president failed to get an outright majority in parliament over the weekend after the leftist coalition Nupes gained 131 seats and the right-wing National Rally gained 89 seats. This shift in power will force Macron to negotiate.
Source: dailymaverick - 🏆 3. / 84 Read more »