New atlas shows austerity hitting the poor rather than the rich

2007/2008 mean average housing price change (% point), parliamentary constituenc
2007/2008 mean average housing price change (% point), parliamentary constituencies, Britain
New atlas shows austerity hitting the poor rather than the rich. Researchers at the University of Sheffield have created a unique atlas which is an authoritative record of the changing social geography of Britain. Bankrupt Britain: an atlas of social change , published by The Policy Press, shows, for the first time, how economic and social fortunes have been affected in different areas in the wake of the 2007 banking crisis, 2008 economic crash, 2009 credit crunch and 2010 cuts. Due to the effects of government cuts on data collection and dissemination, much of this information will not be collected in future, making this information one of a kind. The atlas reveals the extent of Britain's bankruptcy in financial, residential, political, moral, emotional and environmental aspects of life across Britain and highlights the way this has impacted more on the poor and vulnerable in society with the rich continuing to fare better. The atlas also highlights that views on the extent to which Britain is morally and/or economically bankrupt vary geographically: for example Londoners are three times more inclined than the residents of the industrial Midlands to believe that 'the economy is on the mend. The research that some areas have been harder hit than others and the following findings have been revealed in the atlas: - If the proposed 25 per cent cut in public sector employment comes to pass, and there is little compensatory private sector job creation, we could be looking at unemployment rates of as high as 25 per cent in some areas.
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