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According to The Resolution Foundation, the cost-of-living gap between the richest and poorest UK households is at its widest since records began in 2006.
The Resolution, entitled “Promotion of inclusive and effective international cooperation at the United Nations, was adopted on 22 November 2023 by a vote of 125 in favour, 48 against and 9 abstentions.
Source: https://www.thestkittsnevisobserver.com/breaking-the-oecds-hold-on-global-tax-governance/
The Resolution Foundation believes that tax hikes and spiking mortgage and rent costs will wipe out any benefit to Brits from easing inflation.
“The Resolution Foundation confirmed Labour’s policy is ‘not a good idea’, with small and medium-sized businesses set to be hammered most by their cuts to skills funding.
The Resolution Foundation said the way the government had tackled the spike in inflation this year – relying heavily on the Bank of England’s interest rate rises – put “mortgage households at the heart of the Britain’s income squeeze”.
The Resolution Foundation thinktank says that by the end of the 2020s the average household will be paying £4,300 more in tax than they were in 2019.
Source: https://socialistworker.co.uk/news/tory-hunt-slashes-services-and-squeezes-workers/
The Resolution provides that negotiations must conclude by December 1st in order for the terms of a Collective Bargaining Agreement to be included in the subsequent year’s budget.
Source: https://www.fcnp.com/2023/03/30/f-c-school-board-oks-collective-bargaining/