Britain hit by inflation, 3.4 million people leave
Maisie Gratton has left the rented house. She has shifted with a family living in the neighborhood. He has stopped going to college. Attend online classes. She is doing 3 jobs simultaneously. First goes to a grocery store, then an event management company. Then works in a pub at night.
However, he is not satisfied that he can spend in today's Britain. Grattan is not alone in this situation. The condition of the middle class in the United Kingdom has been made miserable by inflation. Savings are done. After Corona, if the markets were opened, the inflation increased manifold but the salary did not increase. Electricity bill 20 times, house rent 4 times, public transport 2.5 to 3 times more expensive. Daily necessities have more than doubled in cost.
The situation is so bad that 34 lakh people have left the country in the last 1 year. It is estimated that in the next one year more than 45 lakh people will leave the country for less expensive countries like Australia and New Zealand. People are protesting the government on the streets.
Britain's National Health System is experiencing a shortage of nurses. Low pay has forced him to switch to other industries. As a result, 60 percent of patients who could be discharged are hospitalized. Evie Hargreaves is moving in with her parents because she can't pay the rent.
Many government employees have also stopped coming to office. He is working from home. Sophie Hale, chief economist at the Resolution Foundation, says young people are facing a dire situation. Not able to pay their bills.
70 percent of people between the ages of 20 and 29 have only enough money saved to last them a month. However, 20 percent of 65-year-olds can afford only 1 month. Catherine Chapman, director of the Living Wage Foundation, says 60 per cent of Britain's young people are currently working for very low wages. Inflation in Britain is at a 40-year high. Inflation in Britain has risen faster than in the US or other countries in the euro zone.
Worried about not being able to pay the electricity bill to keep the house warm in winter 19-year-old Alisha Deshmukh also joined the protest in Britain. Live in the outskirts of cities. People from other countries have now had to leave the city. They live in remote areas or villages. Now everyone is bothered by the cold of winter. People worry about paying electricity bills to keep their homes warm.