Tim Wallace – The Telegraph March 12, 2025
Britain is no longer a rich country after 15 years of stagnation “caused UK living standards to plummet”, according to economists, leaving parts of the UK worse off than the poorest parts of nations including Slovenia and Lithuania.
Economic growth and productivity have lagged behind a host of other nations since the financial crisis, the National Institute of Economic and Social Research (Niesr) said, as it called on the Government to raise the threshold at which workers start to pay income tax in an attempt to boost performance.
The typical British worker would be £4,000 per year better off if productivity growth and wages in the UK had matched those of the US, said Max Mosley, economist at the Institute.
“Economic stagnation over the past decade is now threatening the UK’s position as a place for a high standard of living. A combination of weak productivity growth driving near zero growth in real wages and cuts to welfare has resulted in a situation where we are neither delivering prosperity through high wages nor security through welfare,” he said.
“That the poorest in our country now fare worse than those in nations once considered less affluent is a stark indictment of the UK’s economic social model.”
Mr Mosley asked whether Britain is still a rich country, declaring that “this question – which was easy to answer for centuries – is now less straightforward”.
Parts of Birmingham and the north east of England are worse off than even the poorest parts of Slovenia and Lithuania, Niesr found, as nations that once made up the Eastern Bloc become increasingly prosperous.
The average Slovenian’s living standards are now almost on a par with the typical Briton’s, the think tank said, in a stark indication of the UK’s relative economic decline.
Britons’ average real earnings have risen by less than 3pc since 2019 after taking inflation into account. They are up just 6.6pc since 2007 at the start of the financial crisis, Niesr found. By contrast, real earnings rose by almost 20pc between 2000 and 2007.
Adrian Pabst, deputy director at Niesr, said the situation is even worse for those in the least affluent areas, with a “dramatic collapse in the living standards of the poorest 40pc in society”.
He said: “The Government’s mission to grow the economy is not just about aggregate numbers but about higher living standards in every part of the country. It is vitally important to raise public investment in ways that unlock business investment to generate productivity increases and sustained real wage growth.”
That should include tax cuts, Mr Pabst said, adding: “The Government should revisit its decision to delay the uprating of the personal income tax threshold until April 2028. After more than 15 years of real wage stagnation for millions, working families need to see a tangible improvement in their living standards over the duration of this parliament.”
Niesr also suggested ending the two-child limit on benefits as the most cost-effective way to reduce poverty, as well as boosting productivity by slashing barriers to building by reforming the planning system.
However, some of these changes may prove difficult to finance. Abolishing the two-child limit would cost the Government £2bn per year, providing an “essentials guarantee” for benefit claimants is priced at £7bn, and raising the income tax personal allowance would cost more than £10bn.
All of this comes when the public finances are under pressure from higher borrowing costs and weak economic growth as well as demands for more defence spending, all of which may force the Chancellor to make cuts to other parts of the public sector in her Spring Statement later this month.
“Economic stagnation over the past decade is now threatening the UK’s position as a place for a high standard of living”
Rain is now threatening to make things it falls on wet.
Only those that don’t live in hell-uk would ever claim it has “a high standard of living”.
“Parts of Birmingham and the north east of England are worse off than even the poorest parts”
For those outside of the “country”, Birmingham and the north east of england are the main enclaves of the indian and paki invaders.
“Adrian Pabst, deputy director at Niesr”
Speaks volumes. Invader wanting to funnel more money to its fellow invaders, all the while shouting “racism”.
I H A T E T H E U K
When I studied all the economic figures in 2017 I found first that money is White people, and secondly was able (looking at the “demographics”) to see that GB is a Third World country by 2045. In 2017 we were a third of the way there
This is soooo funny.
Since I started posting comments on this site, I’ve been saying the UK is a failed state.
To support this claim, I was posting comments on the BBC Radio 4 Today forums, in 2001/2/3 about the coming designed financial collapse. I didn’t predict a year, and it came later than I expected in 2008. Why crash the global financial system? Well, let’s just say that China printed way more QE than Nazi Amerika. 2008 was a failed attempt to collapse rising economic powers. Nazi UK tried a similar stunt with Covid, that also failed, thanks to Putin and Skripal.
The UK has a long hateful attitude towards Russia, but this went on steroids when MI6 realised they couldn’t control Putin, and hence the near secret war fought between Nazi UK, in the UK, and in Europe. Events like MI6 sinking the MV Estonia.
Nazi UKs major commitment to Nazi UKraine, is just another Imperialist attempt to regain some global traction, and they’ve failed, but Starmer, a fully paid up Nazi, wants UK forces agitating the Russians, while pretending to keep the peace. It’s never going to happen.
Before and after the rigged Brexit referendum, I said Nazi UK would be poorer than Portugal within 10 years of leaving the EU!
We left the EU on the 31st January 2020, just over 5yrs ago, and I’ve been totally vindicated, I was right, and there’s nearly another 5yrs to run on my prediction.
I’ve done a fair bit of motorway driving, recently. The state of our motorways is shocking. Potholes and major surface degradation, now means they are no longer safe, and many sections should have a mandatory 50mph speed limit. Of course, even though this is only slightly lower than current HGV speedimits (56mph), a 50mph limit would knock billions of the UKs collapsing GDP, which aledgedly fell by 0.1%. The UK lost 16% of its GDP when the rigged Brexit referendum was held, and we lost another 16% when we actually left, and we’ve had no real GDP growth since 2006.
There are two things which could save Nazi UK, but our totally corrupt elites will never do them.
Ban all corporations from trading in the UK. By doing this, corporations will be deinvested, and UK businesses will receive these investments. UK based companies making real products, real jobs, paying decent wages and all paying taxes. The next thing, ban all the big banks, and regulate the CCCs as if they were nuclear power stations.
Stop the City Crime Cartels from bleeding the country dry. If this was done, many other countries would follow our lead, but like I say, there’s zero chance of this happening.
I can remember when the BBC News reported that Britain had a £1 million pound trade deficit. I seem to remember it was Moira Stewart who read that seismic bit of news. Now our trade deficit is in the billions every month. This has got to stop. Trump is doing his best, but don’t forget, he’s having to put right decades and decades of information mismanagement, or no management.
UK debt has enabled the CCCs to keep on bleeding the country dry, and countless immigrants send vast sums of money back to their home countries, be that in Europe, Africa, or anywhere in the world. How can this even be legal? I am not saying you can’t go on holiday with appropriate funds, but sending 25% of your take home pay to another country to buy a cheaper home, or fund their families, is not the business of the UK economy.
Wishful thinking that our Nazi regime would cease to borrow from the CCCs, and create their own finance. The faster we can shut down the CCCs, the better off we’ll be.
BANKRUPT NAZI BRITAN BLAH BLAH NAZI BLAH. NAZI STARMER IF YOU CAN HEAR ME FROM THE NAZI WELSH VALLEYS PLEASE MAKE NAZI BRITAIN GREAT AGAIN LIKE NAZI BORIS JOHNSON DID
Since its conquest in 1066 Britain has always been a deeply class-ridden society, most of whose aristocrats and certainly its earlier ones had closer blood-ties to the French than it ever did the British people. So even before the French concept of ‘liberty, equality, fraternity’ we never had equality, all we had was the liberty to starve and the brotherhood to grow old and poor together. Whole districts of us.
The appalling conditions the Victorian working class lived under were terrible. Inhumane. This was at a time when Britain grew rich from technology during the industrial revolution thanks to our engineers and scientists, and the colonisation of much of the world when our armies stole their assets at gunpoint. Victorians worked from being young kids cleaning out chimneys and boilers, to little old ladies going door to door collecting urine from chamber pots (piss poor) to sell to fullers who trod it into their fabrics to bleach them white. With near-full employment and workers so poor it was more like a caste system of coolies, and unless we remain vigilant and resistant there are people who would take us back to that.
B’Bye Britain…
Hellooo….ooo…oo… oo.. o… o… Turd Whirled!!!
LOL..
Of course the imbeciles at the Torygraph fail to explain that immiseration is the name of the game…and just you wait until they roll up the welfare boondogle!..but only for heritage Briton dross..hehe initially…
and that’s because immigration is a massive land grab scheme,a planned collapse of the last two centuries central banking ponzi..
.. debt collection, in what passes for their cerebral cavity..
..designed to break apart so called western homelands so that they can be scooped up for pennies when they collapse*…and of course collapse they will, because you can’t have open borders and welfare (see above)..
..all the immisergrants trapped in Blighty will then be pounded with ordnance and melted with napalm, Gaza style and the remnants rounded up and marched off Beachy Head…when the time is right..(not long now)..
free dental and driving taxis a mere pipe dream…
* the average euro muggle has long lost the ability to discern and now lives in a synthetic dreamworld brought about by the Blackest Magick.. and will probably expire round about 2030 from excessive injectables… obese and demented by cheap booze and SSRi’s..
BY the way:
The orchestrated wars, (between centrally owned and controlled pseudo-public, privately owned corporate entities, not sovereign govts) are pretexts for implementing Agenda 21 which is the Agenda for the entire 21st century and the last stage of Novus Ordo Seclorum under Ordo ab Chao.
Agenda 21’s broader goals are to split the earth into two parts – the Core and the Gap in the UN’s geoscheme comprising 22 sub regions, while facilitating forced mass migration and evacuation from “war” torn areas, seizing ever more land, coercing the majority of the world’s populations into 15 minute death camp, prison cities with electronic fences and forced vaccinations, whilst irradiated with 5g/6g, Gwen Towers, Doppler radar, antenna arrays and SMART meters, constantly monitored, tracked and controlled by AI.
Well..that’s the plan.
Yeah! Add more ‘public investment’ which means ‘government bureaucrat spending’. Get government out of people’s lives and they will prosper; you can’t have a successful economy based on ‘public investment’. Every Communist country has tried it and failed. In the 1990, Britons’ standard of living was the same as the US average. Now, the UK standard of living is lower than the poorest state in the US, Mississippi. Nanny State, Cradle to Grave government caretaking, no constitution/vague civil rights, etc. have stolen your independence.
Notice the MSM (Marxist Semitic Media) no longer terms the whites in England ‘Anglo-Saxons’ but ‘Britons’. Jews hate anything Germanic sounding, so now we have millions of Saxons being brainwashed that they’re ‘britons or celts’.
But now we have the Anglo-Saxon Party.
ASP
notice they never call it England anymore but ‘britain’. i’m an anglo-saxon not a ‘brit’. this country was built by germanic peoples: jutes, saxons, angles, vikings, danes all kindred germanic ethnic groups..sick of this brainwashing trying to erase our teutonic identity
only ASP can save us now. join today
They still count this country’s wealth as though it’s a collective wealth and boast when the rich get richer we’ve all become richer. Yet when the wealth was more collective they said that’s a bad thing, and things should be in private hands because “they know how to create wealth” and other such rot. Once the wealth reached their hands that was it–now it’s all in their hands and stays there and few others see anything of it.
Thatcher’s neoliberals like to say socialists soon run out of other people’s money, all rather meaningless when after 40-odd years under them they own just about all the assets and the money they bring in.
Well they better stop getting the RAF to cease bombing civilians for Israel…..by all accounts there has been some opposition to this policy within the ranks.
This parallels the hatred of Bomber Harris….for his policy of bombing civilians in Germany….and YES Bomber Harris was a crypto jew!.
Time is catching up with the jews in Israel….all the lies….wait until the public realize they’ve been sold bullshit!.
The internet might stop them!!……JUST LOOK AT THE CRYPTO JEW STARMER HE IS NOT FIT TO BE A BUS CONDUCTOR…..too busy being butt fucked by a billionaire!.
They should bomb Downing Street and get rid of the Rottenchilds…then maybe you may have a country back.
@ Nico..
Please pay attention..the maggot media doesn’t refer to ‘Britons’ because that would in fact be racisms, it refers to either the British or Brits either epithet is available to the plethora of pakistanis and africans that discombobulate on the idiot box.. and applies supposedly equally to them..
For example the absolute buffoon David Lammy who by all accounts is a black man of poly ticks…screamed like a little girl into the media abyss that he wanted to be seen as an Englishman and not just brit-ish* whatever that is…but last time I checked he was still an African agitator groomed by the jewe alan sugar and planted in the westmonster clown show..to spit at white men…
so no cigar dave..nature not nurture…
In regard to your quibble about Britons…Well, they were last seen in the Kingdom of Wessex around 880AD when Alfred the Great was on the throne…running from the Scandinavians…and their battle axes…
AND..
In fact the only imbeciles that refer to the English as Anglo Saxons* either now or then, whenever that may be, are Bull dog faced Russians that smell of cheap booze and turkish tobacco and Adolph Hitler before he shot himself because the bull dog faced Russians were swarming over Berlin like the clap in a whore house..
Kipling’s poem ‘The beginnings’ is misquoted by countless Alt right /blight wing/neo whatever Yankees which is probably the root of the confusion..so here it is, ..see if you can spot the difference..
It was not part of their blood,
It came to them very late
With long arrears to make good,
When the English began to hate.
They were not easily moved,
They were icy-willing to wait
Till every count should be proved,
Ere the English began to hate.
Their voices were even and low,
Their eyes were level and straight.
There was neither sign nor show,
When the English began to hate.
It was not preached to the crowd,
It was not taught by the State.
No man spoke it aloud,
When the English began to hate.
It was not suddenly bred,
It will not swiftly abate,
Through the chill years ahead,
When Time shall count from the date
That the English began to hate.
@nico
its true they’re trying to teach my little Ollie in primary school that he’s a ‘celt’
Thanks Chesterton
Great Synopsis & educational discourse.
maybe Talmudgraph? & Torah Party.
Only a violent revolution will purge the UK of the festering rancid ruling classes…
or a military invasion
..(not the current turd world infestation…they cant do shit)
@MM
yes horrible times for poor children in jewessVictorias
times . all the judaized house windsor, Lords, Knights,
highgrade masons should be liquidated PARASITES !
german children in 19th century had not such despeakable
conditions . great britania was build on sweat + blood of
englands poor .
All LIES lead to KIKES!
Tod Dem Juden
UK NOT JEWK
Oopsie, the money has been swallowed up by Covid Track & Trace (£30+ billions), Ukraine, and other wonderful “investments”. But hey, degrowth and zero everything are all the rage nowadays. And if the working classes stop flooding Ibiza and Thailand by the million, oh well.
chesterton
“By that time the original Celtic stock, whom we term ancient Britons, had become diluted through 400 years of Roman occupation & 300 years of invasions by Danes, Jutes, Angles & other Norsemen, so that through intermarriage, by far the greater part of the population of England had coalesced into the ANGLO-SAXON race.” –Dennis Wheatley
Thus we learn that the racial basis of England is Germanic, not british.
ASP
all i know is that carl jones is a daft welsh c*nt
Nico X–the Teutonic Knights were the big Christianisers of Europe, and Britain, France and Germany do have a lot of Celts
When is anyone going to comment on debt creation of money aka usury? To a large degree – that’s the real problem. Read Hoskins – War cycles Peace cycles for an appreciation of the impact of usury on the various so called civilisations over the millenia.
Is there another way – of course there is.
Alan Sugarsteen is certainly a hater….he breaths hatred….a loathsome individual…..you would expect him to emigrate to Israel…..he would gladly massacre the goyim…..
usury isn’t the primary problem paul, but jews
lewis
join ASP
@ Nico…
Dear dear…don’t you understand that all western Euro tribes were Germanic, which is merely a fucking denomination given them by fake academics, including the celts who originated on the Danube, Jutes, Angles, Saxons, Britons, Bretons, galacians, merely tribes…
One of the first peoples to settle The British Isles of which Great Britain is the largest Island in the archipelago or the electrides or albion or whatever… that were actually recorded were Dutch..frieslanders via doggerland.. and they still speak a language similar to ENGLISH..
and the dutch are deutsch the originals the tallest and blondest..Even the Slavs whom the scientisms say are R1A are scandis..they are all the same peoples the most diverse of all peoples….
so I don’t know what your game is mate, but you’d better take your meds and get some quiet time..
@ Boris…
You didn’t like that did you?.. it’s a good one though isn’t it, gets you thinking if you are capable of such a feat…and do you know who was behind Diane Abbott…
Jezzer Corbyn…whenever he could fit it in…
( actually it was Simon Scharma, when he wasn’t rewriting British history from a rag peddlers perspective and often when he was)…