The report says there has been a consistent rise in poverty among working people in recent years.
Economic Development Archives - NewStart
The study by the FSB warns that one in five firms reduced headcounts in three months to December.
A new report by the public accounts committee has claimed 1.6 million UK premises, mainly in rural areas, cannot yet access superfast broadband speeds.
'We need to build a country in which everyone feels that they belong,’ said Sir Angus Deaton.
‘Businesses across the UK are facing a black hole this winter with billions wiped from their incomes during the crucial Christmas period.'
‘Valuable time has been lost, making meeting even the revised-down target a major challenge.'
‘Britain has tried the austerity experiment. It did not work, if health and wellbeing are the markers of success,’ the report states.
'The chancellor needs to get ahead of the curve to avoid being in the same position as he was in the autumn.'
‘Covid-19 has left deep scars on the economy, but this forecast does offer grounds for optimism.'
‘This research shows that despite challenging operating conditions, companies across UK industries have shown incredible resilience during the pandemic.'