Time:
The continuing urgency of the Grenfell Tower inferno
23 June 2017
In the days since the fire, Grenfell Tower has been held up as a tragic symbol of the social ills facing Britain: a detached political class; nearly seven years of a government-led austerity program that has sliced through the country’s welfare state; rising socioeconomic disparities; and a hastening decline in living standards. The U.K. has seen the biggest drop in average real wages in OECD countries except for Greece, according to an analysis by the London School of Economics’ Centre for Economic Performance.
Related publications
‘Real wages and living standards in the UK’. Rui Costa and Stephen Machin, CEP 2017 General Election Analyses Paper No. 036, May 2017