Tuesday, October 30, 2012

'Debt-reliant Brits face lull in economy'

One fifth of British workers equal to 4.82 million people and their families get paid less than the living wage, struggling to make ends meet, a study has found. According to the KPMG study, England has the lowest number of the worker earning below the living wage while Northern Ireland (24 percent) and Wales (23 percent) are home to the greatest proportion of poorer workers. Elsewhere on the continent, the worsening debt crisis has forced many EU governments to adopt harsh austerity measures and tough economic reforms, triggering incidents of social unrest and massive protests throughout EU countries.

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