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The Big Question: cost of living

Why aren't ordinary British people feeling the benefits of growth?

By Prospect Team  

Britain's food banks offer emergency support in towns and cities. Photo: PA

This week, two pieces of economic news served as caveats to Britain’s apparently positive economic growth. A Credit Suisse report found that Britain is the only G7 nation with wider inequality than it had at the turn of the century, and the latest ONS figures found that wages are rising below inflation. As has been the case for much of this year, people in Britain are asking with increasing urgency why…

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