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Parts of UK are worse off than the poorest areas of Slovenia and Malta after decades of 'stagnation'

A shocking report has laid bare the impact of decades of stagnation in living standards.



A report indicates that parts of the UK are worse off than the poorest areas of Slovenia and Malta due to decades of economic stagnation and rising inequality. The UK's poorest citizens now fare worse than those in nations once considered less affluent due to higher cost of living in UK. Slow productivity growth has contributed significantly to this stagnation, with UK wage growth lagging behind the US.

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