"Move the house of lords to Stoke" is my new favourite terrible plan for wealth equality. It'd work too, but only because the Politicians would get mugged so often.
@@sirgavalot As bad as that place might be, if the UK ever did that you suggest, what you would get is what happens in the USA. When elites decide to move into a poor but trendy neighborhood - is gentrification. The police swarm the area, innocent people get hurt by the authorities and poor people are forced to move. Within 15 years you cannot recognize the area because it has become yet another posh section of town.
Front of our local paper this week is how our council is annoyed at wasting so much time applying for a 25 mil leveling up grant that supposedly never existed
You know between regional disparities, culture wars, hostility toward immigrants, etc., etc. The UK is becoming more and more just like the USA every passing month. When do you think you will get folks demanding to walk around with guns a part of their right as free British citizens?
1. Hostility to uncontrolled immigration with people buying spots at uni then bringing all there family members over is justified. 2. You wish Britain became like the USA, average American has 60% more money, better Healthcare (provided you work), more affordable housing, UK is a shit hole in comparison, I'm a Brit that emigrated@@gregorybiestek3431
Wrong, PRE Victorian era. You must be crazy to compare UK rn to Victorian era. UK in Victorian era compare to rest of the world was literally #1 alike…
The British do not want to accept that they have never been a rich country with all the people living well. Before Thatcher, everything was immensely worse, because everything was statism... now the geniuses blame Thatcher and want to return to statism.
The government is not serious in fixing it. If they were, thet would have started building HS2 in Leeds instead of London. That would have forced them to finish it.
Whenever anyone asks "Why is _______ getting worse" and it applies to the UK, the answer is always the same. I'll give you a hint: It rhymes with the Whories.
Regional inequality isn't a bad thing in Tories' book. They want everywhere else to weaken so that London can still exert control all over the island (and a chunk of island that is not theirs to control).
Then you are wrong. I'm no fan of the tories, I used to be but they don't represent the typical conservative values anymore. And labour, libdems, snp are no better! The whole political system has failed the people in all aspects. You look at SNP who have solely run Scotlands state they have seen a rise in unemployment, homelessnes and drug addiction.. Ever been to Glasgow or parts of Inverness.. It's even worse in places that have been under labour control for decades, Birmingham, London, Liverpool.. All Labour run council's and they have run up debts and poverty. The problem with your view is the tories some how control everything. They don't, behave. The UK has no democracy, we have two parties that have ran the country for over 140 years and both Labour and Conservative Party have the same financial sponsors.. Don't believe me, do your own investigation like I did.. And you will find out no matter who gets in they have the same investors. And when you do get a priminister that gets in and dares to try and fight the system to reduce taxs or increase quality of life for the population isn't it funny how swiftly they get removed. Isn't it funny how swift MPs get taken off the moment they try to go public or highlight issues. All I ask from you and anyone else, is stop siding with a party and look at this deeper. You will find the only way we can force change would be to prove democracy is broken by mass voting another person or party that has zero links to the existing monopoly. So let's say reformuk.. Let's go out and get them in, unite behind them.. We don't need to like them or agree on their objectives we just need to remove the existing held seats from the two parties that have ran things for too long. If reformuk get in to power and they end up doing nothing and go against what they said they would do.. Then this proves the very real possibility that the system is currupt to the core and no matter who gets in, it's someone else leading the changes. At that point, the public need to take action. What that action would be, I don't know but it would need to be significant. I'm not saying violance or acts of terror but maybe a decision to strip the council's of their payments and mass protests across all sectors. If we all forced a vote of no confidence in the UK political system and we forced a public backed independent audit of the system or demanded the crown takes back control of the state.. Maybe just maybe things would change. But nothing will improve as it stands.. It needs gutting
Mm yes, blame the Tories. Ignore Labour's contribution to the inequality with it's inheritance tax and wealth contribution tax which screws the poor and the middle class whilst being a minor inconvenience to the rich 1 percenters (who can hire accountants that can be sneaky with the taxes). Also Labour's habit of crashing the economy whenever they're in power (not that the Tories are _entirely_ blameless on that front considering the shower o'shites we've currently got. 😒
This is often cited - what most people miss out is that this also applies to all but a few European countries being poorer per capita than the poorest US state. That doesn't mean the US is an incredibly rich place for everyone, nor does it mean the countries that are poorer per capita are places full of poverty. It's just not how it works. Food insecurity is higher across lots of US states than many European countries. The levels of inequality in the US tend also to be higher than in European countries which are "poorer" than any US state on paper.
That’s because GDP per capita is measured in USD, which because of how it works gives an unfair boost to countries that manage the currency (just the US), in reality the US is poorer than that.
The largest economies in europe would be amongst the poorest US states and all have worse inequality than we do, we're not special in this regard and im not sure why people think we are
Thatcher led into Blairism and that is the globalist economic mindset. not to supprising that the upper classes do better when your eco focus is a global eco mindset then a "how is my country doing" one.
@@neeneko It's been awhile since we had a mainstream party opposed to it and non of the UK media questions it instead painting any proposed alternative as 'commie.'
It’s called tax and spend. Start taxing wealth properly and spending responsibly. No more public private partnership. Stop throwing public money into the private sector while paying for Labour/ Tory donors. Spend it responsibly on public services.
Yeah, but the people in the poor regions are really easily sold on the idea that if we just make the rich richer and clamp down on immigration/environmental regulation/public services, then they will somehow get wealthier. Or you can go with the US version : hey, we'll keep you poor, but at least we will help you punch down!'
That’s the dream. Whichever party who rules UK will continue to spend without control and continue to waste money and only benefitting the rich. It’s inevitable with capitalism. Tony Blair, Brown, Cameron, etc…they are all the same…
This implies rich people are willing to spend taxes here and not use off-shore accounts. If people aren't willing to play (or pay) by the rules, the rules become null and void.
Confidence. The UK has given any investor (internal or external) zero incentive in the past 2 decades to invest in the UK outside of London. Wether it be multiple snap elections, the Brexit referendum or awful budgeting decisions, there is no one willing to risk theier money to invest in the UK. The wealth doesn't even stay in London either, it just passes through it. Suits the government just fine mind you, as most MPs live in London anyway rather than their actual constituencies.
The people in their constituencies need to vote them out of they don't represent them, but if you're in a "safe seat" then you can ignore the people who you represent.
@@SaintGerbilUK in proportional representation political parties will have to form coalitions and work with each other in parliament, this is good for the voters or smaller parties since it means that the policies they want are more likely to be implemented. As it stands in the first-past-the-post system. The voters of Liberal Democrat’s and Greens are all but irrelevant in the parliamentary level, since there is very little chance that the Liberal Democrat’s or Greens will get majority coalitions in parliament, and that puts off voters from voting for those parties. The voters of smaller parties may actually vote AGAINST the small party they support because first-past-the-post forces them to vote tactically for either Labour or Conservatives in the constituencies where the smaller parties are unlikely to win, this shouldn’t happen in a democracy and it causes voter apathy and cements the power of the Conservatives and Labour in a two-party system that is little different from the American Democrat-Republican system.
@@Whitehalo732 sure I get that PR means smaller parties get more of a say, but it just means that the representative for an area is someone else, and still doesn't represent their people.
Scotland has to leave this toxic "union" ASAP after that these videos will not apply to us. The "unionists" must be mad actually wanting to be governed by another country with the ancient Westminster clownshow running things!
@@Mr-Foad The notion that Scottish independence would be at all beneficial is incredibly stupid, you rely on the union and England for food, money, defence, infrastructure. Basically some of the most basic things required for a state to survive. Not to mention. Independence? Independence movements like Scotland's and Cornwall's are an insult to Tibet, Palestine etc. There is a complete lack of justification. We need to stay united, especially when it seems like Europe is diving head first into the shitter, with the UK at the spearhead. All one for one, and one for all, united we stand, divided we fall. England, Scotland, Wales, Northern Ireland all share a language, culture, political system, army, industry, electricity grid, but let's not forget, wires and words aren't the only thing that connect us too. We're all British.
@@Mr-Foad nah we need your oil money and you have all the mountains and beautiful scenery, don't leave pls. It would make England even more depressing.
One big issue is companies like TLDR News moving from the north like Loughborough to London, and dragging talent from Loughborough down to London and the south east.
Another issue living in the northeast is people from London and Southeast using their often higher income to invest in houses here for renting. It’s lead to fewer houses being available to buy and caused the prices of those to rise, out of touch landlords have also left rent amount soaring
Stop grouping the south east as one entity. People here in Medway are economically screwed with crappy public services and poor jobs and expensive rent compared to the north or midlands or wales or Scotland
What a terrible attitude to governing a country, take everybody’s money but only give it back to the richest regions. We are supposed to be the UNITED Kingdom, the immoral behaviour of the Tories is absolutely disgraceful. We should move forward together or not at all
@@baha3alshamari152 that’s not a good idea, it changes the economic state of the UK into a place where ordinary people live in slums in satellite towns surrounding cities. Imagine the entirety of the UK living around London, would you be happy with that?
@@baha3alshamari152 we shouldn’t aspire to be like Russia or North Korea where all the resources, money and power is concentrated to one region. We must expand and diversify, distributing wealth across the nation to empower the freedom of ideas and innovation of trade
In 1979 the Tories were also in power So moral of this story is that when the Tories are in power then the UK is poor and when Labour is in power then the UK is rich
Woah that's so weird how inequality started to rise so dramatically at the start of the 1980s I wonder what political event happened around that time to leave such a lasting impact
@@michaelbaker5501 Margaret Thatcher got elected, brought about the neoliberal era of capitalism that shifted everything rightward towards an absolute faith in free markets and the private sector to run society for decades to come, chaos ensues...
@@michaelbaker5501 Margaret Thatcher's government attacked the trade unions & worker's unions and dealt big blows to the working class people, causing the inequalities between the rich and poor to skyrocket.
Im from Wales and live in Scotland - there are serious issues in both countries including transport. Cardiff and Edinburgh have good infrastructure but outside those cities it is woeful.
@@georgeykitheka Hi - I don't know Glasgow well as I live in Edinburgh. I think it has a decent system in place. Edinburgh has an excellent transport infrastructure. The central belt - the bit between the two cities - seems to suffer the most which is ridiculous considering it is between two prosperous cities that are expensive to live in. I know people who live there who often complain about the quality of the service and the cost of travel. Edinburgh has areas of deprivation like any city. The council seem to favour investing in tourism which brings in a lot of income. Edinburgh favours the student population and student housing above affordable housing which pushes a lot of people out to the central belt.
@@georgeykithekaI live in Glasgow. No trams, but we do have a (very small) subway. It's one line and only runs between the city centre and the west end (wealthy area). The trains work well for commuters, but aren't effective for navigating the city. The buses are very poorly run and unreliable. As a result, transit in the city is difficult and car ownership rates are high, even in centrally located neighborhoods. Improving the bus system would make a world of difference
Looking at the map it looks like that’s because: Most of Wales and Scotland is faring better than the mid and north of England. NI data doesn’t look like it’s present at all.
Whenever British media talk about the "North", it's never about Northern Wales, Northern Scotland or Northern Ireland. It's assumed that you're English and know that they're talking about England.
@@Niall001 It's crazy that people refer to the most populated area of the country. Sure Northern Ireland, Scotland and Wales have their own media to talk about their own norths...
@@PlanetTrendy then call it english media, not british... UK is a farce, it's just a con to make Scotland, the colony in Ireland, Wales and Cornwall accept English domination.
Since 1979, it hasn't so much been "trickle down" economics as "hoover up". When they said we'd be better off with Neoliberalism (AKA Thatcherism/Reagonomics) they weren't actually talking to us, but to themselves.
Indeed this true of The SW overall, fine for retirees but if you're someone that is of working age it's not easy - Cities like Plymouth have huge amounts of poverty and deprivation, and even supposedly well off cities like Bristol are a struggle to live in for many.
@@Cosmiksandra Your SW part sounds a LOT like the southern USA - great for retirees, hell for working age folks with low wages, few prospects, and LOTS of poverty.
people get a skewed idea of cornwall from holiday photos and seaside homes. none of those houses are owned by cornish people - and if you go anywhere in-land the county is dire.
it's a shame this becomes a north vs south debate where cornwall and devon get lumped in with london and kent, because the sw has some of the absolute worst infrastructure in europe, and is in as much need of drastic help as the north is.
I live in West Yorkshire and everything is falling apart up here. Services are going to absolute sh!t. Even the post office in my area has reduced its opening hours. Instead of opening at 7am, it now opens at 9. It feels like everything is intentionally being made more inconvenient.
I recall some Lord or another answering a question of how to truly make it in this country by a journalist, and his answer was "It's simple, be related to one of William the Conquerors mates". The whole system has been set up to be this way for nigh on a thousand years. We're still run by literally the same families who came over all those years ago.
The one thing that the UK excells at is lying and appearances. They keep saying how it's an open society and meritocracy and all, when they literally have a caste system.
London is a black hole, it absorbs wealth and the more it absorbs the more it grows and attracts more wealth, to the point that if you are to invest in the UK, the most favourable option is London it is a vicious circle that will continue at the expense of the rest of the country Even if the politicians were interested in changing this fact (and they are not) it would take huge effort to achieve it, the inertia is just too much Funny enough, one of the principles of the EU is to look into that type of regional inequality and do something about it Without massive investment in public projects, infrastructure and education nothing will change, and even with that, it will take years
The entire bribery of so called public projects is a sham. Build a wonderful something in a far off place. No one cares or will go there! That is actually going to get stronger as everything is available on a computer, people are not going anywhere. I have not even been to a local town to shop for well over a decade, I will never pay any cost at all to use HS2 to go to some remote northern town. Why would anyone? I am closer to London and never visit that! Infrastructure is about paying the right mates with big companies and ability to add on costs and no losses to them, through to the entire overpaid consultants grouping. The eu is an evil empire and it 'buys' off people and nations to it's servitude with such pointless projects. But the UK always loses out as they take more of our cash and give most of it to others. As we are actually far too well off! Overall. Compared to the places the eu has 'invaded' and gained power over.
@@nicholaspostlethwaite9554 You're the classic example of "Got mine, fuck you". You and people like you are the reason we have such a shitty government. You relish in the idea of others you don't like suffering slightly more than you do, out of pure contempt and spite.
You know how when you put Reagen on a graph and it almost always aligns with something getting worse (wealth inequality, cost of US healthcare, lack of minimum wage growth)? You could probably do the same thing with Thatcher
In Denmark we had Schlütter in the 80'es. Undermined our NHS and privatized everything he could get away with. 10 years of conservatives, and we were knocked 30 years back 🙄 It was a Decennium Horribilis! We haven't recovered yet ... not sure we will ...
@@TalesOfWar yeah Thatcher took the country from one extreme to another. Don't get me wrong, the winter of discontent needed a solution but it didn't have to be as extreme as Thatcher. I don't think strong reactions ever yield good results. Look at China trying to combat their growing population with their one child policy which is coming back to bite them in the arse.
It doesn't help that the industrys that made the uk are ither gone or hardly a shadow of what they once were, especially here in the north east hear in Teesside the amount of abandoned industrial plots along the river is ridiculous and the money that would be needed for improvement has be stolen by the government to line the pockets of over paid political parties. Middlesbrough council nearly went bankrupt not that long ago
A lot of councils going bankrupt including Birmingham last year, only solution for them is raising council tax. As a country we are further spiralling!
Because the political class only sees London and ignores the rest of the country as long as GDP goes up. This will never change because this is the Raegonomics/neo liberal status quo we've been stuck in since the 80s and it's enriched both the political and investment classes.
New industries need to be established or encouraged in the North by the government. It was the North that pulled the UK together during the Industrial Revolution era. It doesn't deserve this nonsense.
Manchester did this to a degree with the move towards the creative industries like media. It's no surprise that the birth of the Industrial Revolution was one of the first places to find a new place for itself. Sadly though, Manchester seems to be the only place outside of London that gets any kind of investment, though it's private or foreign rather than from central government. We're still massively behind on major infrastructure like transport because that really needs proper funding capabilities. Nowhere in England outside of London has the legal power to create capital expenditure which is a power the Tories have been trying to get back since Labour gave the Greater London Assembly some devolved powers last time they were in power. Everywhere else in England has to rely on the Treasury for funding of larger projects. They always say no if it's outside of the M25, and even within it they'd rather not, they just kind of have to as that's where it's easier to get a return on it because they've already invested there before. It's an endless cycle. They don't invest in places outside London because there's less return, but there's less return because they don't invest.
Perhaps they, and all these areas are actually at the level they deserve! Way way before the inane blame the 'Tories' lies, centuries ago, England was economically stronger than the likes of Wales and Scotland. Whole load of stuff like more productive farmland, geographic location less far off and isolated. More driven to succeed competitive people as it was more crowded. Who knows, but it has always been so. Aggravated in modern times by the able and greedy, moving to the SE areas from the dead beat complaining, moaning areas if they have any ability or drive. I do not think anything can or will change unless attitudes change and make the currently less attractive marginal areas attractive to commerce. Means ending the 'won't do' unions, cloth cap northern perceptions, and Labour voting actually sends a message, do not have a business here.
I think you're forgetting that the likes of Wales and similar fueled the industrial revolution with our coal mines, iron and steelworks. What an absolute faux pas completely ignoring that our ancestors in these regions worked in abhorrent conditions for small pay, working ungodly hours. They suffered chronic health conditions that caused premature death, plus mining accidents that decimated families (my grandfather suffered both, being pinned by a coal dram and ended up a year in hospital with a multitude of broken ribs and spine, then suffered an early death from the amount of coal dust in his lungs later on). All the power the nation and beyond. Our coal was considered the best in the world, and we were pumping it out, top exporters of the world, off the backs of communities like mine. Everyone knew everyone, neighbours looking out for each other, wives worried if their husbands would return home at night. Now we live in small villages, lucky to have one shop, no jobs, small industrial estates than employ less than 5% the pits did. Police beat the men on the street for having the audacity to stand up and strike to fight for a living wage. The pits closed and the jobs dried up. Now the communities are forgotten and the industry has relocated elsewhere. This is recent history and the drive to work is there, it always has been. Geographically we've had the resources sucked from us and hung out to dry.
Britain should implement a new voting system asap. And abolish the house of lords, and take away all their titles, land and priviliges. Private schools stopped, and the banking world (and doing small en medium business) more transparant. So that people can understand how financial products work.
I always thought the first thing we should do is cap MP/Lord salaries to £60,000 annual max. Well, even that's quite generous. But no doubt that might get their attention.
One added bit- HS2 was classed as an "England and Wales" project, despite no track being laid in Cymru. Scotland and NI got tonnes of cash to make up for this. What did Cymru get? Nothing.
Wales wouldn't need any new track laid in Wales to benefit from HS2, nor would Scotland. The existing network would have benefited from a doubling or even quadrupling of capacity in most areas by virtue of removing the fast inter-city trains to dedicated lines. As is stands now the network is full, and a fast train from Glasgow to London is only going to stop 4-6 times per trip. Everything else has to get out of its way because they get priority. Take those away and you now have more space for the slower regional and commuter trains that stop far, far more. The Tories don't like to give money away, unless its to their friends. They especially don't like giving it to Labour areas, as we see here in Manchester. We've always been a Labour strong hold and they're loath to help out. We have to do our own things, as much as we're legally able to (raising capital etc isn't a power anywhere in England has outside of London). I remember when Andy Burnham was first elected as Mayor of Greater Manchester. The Tories cut the council budget by £27 million because their guy lost.
Businesses should pay lower taxes though if it means they are helping to create jobs for the economy. Sure there is a balance you need but if you tax businesses so much then there is no point in having a business and you might as well just work for someone else instead
In the South West, life expectancy is dropping down to 64, yet I'm being told I can't retire until I'm 70... With those stats in mind, what's the point of a Pension? Since I'm expected die before I get to retirement age...
And that's how they get you. You don't save so you can't pass on any wealth to your kids, if you choose or can afford to have any, thus keeping the undesirables in a cycle of poverty feeding the rich and powerful At this point what's the down side to just staging a French revolution
You do realize that when President Franklin D. Roosevelt introduced it in the US he set the age at 65 when the life expectancy was 63? In the UK when it was introduced in 1948 the age was set to 65 for men and 60 for women, but the average life expectancy was in the 40's although that was obviously impacted by the war.
dont know about life expectancy, but i do know its becoming more and more stressful living in the south west with house prices and rent increasing. Looking to move out to a small town just to be able to properly afford rent
The he graph at 03:59, doesn’t measure life expectancy, it measures HEALTHY life expectancy (HALE) which is a different measurement. Life expectancy is the average lifespan and the UK average lifespan is 80.70 years, healthy life expectancy is the average amount of years that a person will be free from long-term diseases such as those that affect the elderly, elderly people can still live and have a relatively comfortable life even when they have exited their Healthy Life years. TL;DR should have differentiated between HALE and life expectancy because this is the first time I have heard of the former measurement.
HEALTHY life expectancy is expected to decrease to 64, so the number of years you're in good health. Life expectancy is actually prokected to continue to grow, it's currently 80 for men and 84 for women in the SW
they always do this.... where is the north east? it's Newcastle, you'd think it would be Aberdeen.... The uk is England centric, the other nations are just expoloitation colonies. It also makes it sound less severe for England when it is labelled as a uk problem.
As someone in the Northeast, just below Newcastle: Governmental and Public Sector jobs from the local councils to the NHS are incompetent. The council literally outsource every task to a third party and if you are sick then just reply on your GP as the hospitals will most likely waste your time doing nothing or making things worse
I love British politics at this point political conversations about uk politics should start with "first their was thatcher, then she ruined everything, and people liked her so they copied it and then it got worse"
Yes it's a bunch of cope. She's been dead for years now, and yet we are finding new things she's done every day. What people don't like about her was that she was effective in a time of turmoil created by their preferred party.
@SaintGerbilUK i am sorry? She privatised many aspects of our nation that then became worse over time. Its not that she cause the water companies to be shit. She just sold them and let them manadge themselfs then they beacwm shit
I live in the “wealthy south” part of England and I just want to say that when you’re poor, on minimum wage or Sick on benefits. It doesn’t matter where you live, it sucks all the same. Maybe worse as you have no hope of being able to afford the crazy inflated house prices in your home town.
Please can you change your comparative graphics to shades that are more contrasting? I had to pause a number of times and rewind which took away from the video. Also highlighting who was in power in the graph at 0:57 would be quite informative context for the viewer. I think this video would have been brilliant if it was longer, to really delve into the why as this barely scratched the surface
Please map those households with net worth over 10 million. That is where the actually wealthy are, and they have all got a LOT richer, they are the ones buying up assets such as gold and houses. Gary Stephenson here on TH-cam explains it very well.
London centric media, London centric politicians, London centric spending. The North of England needs new Universities, higher Child Benefit and more train and tram lines.
I've heard of something similar to this situation going on in South Korea. Seoul is essentially the backbone of the South Korean economy, but because of the decades-long investment in Seoul by the government and chaebol. The other provinces have seen little to no investment from the South Korean Government and private enterprises which has led to a considerable Regional Inequality. I could be wrong though, but I'm lazy seagull and don't want to fact check.
@@RaySmith-zg7od A lot of similarities between SK and Japan, it’s pretty daunting they’re ahead of most advanced economies and have serious population problems as-well. SK spent 200 billion dollars last two decades on Pro natalist policies and haven’t seen any change in Birth rate, Western countries supplement this problem with immigration which isn’t a terrible thing; Encouraging the most productive workers to immigrate [Im 2nd Gen Immigrant].
@@baha3alshamari152 Nah mate Seouls Metropolitan area pop: 26.7 million South Korea’s population: 51.3 million Pretty sure that’s not 20% but it’s Ramadan so I’ll let you off!
@@stumac869 Data shows Labor presided over 15 years of continuous growth combined with low inflation, 'nothing spectacular, but steady' to quote the BBC. Of course the world came crashing down due to the American housing market fallout, but your viewpoint is incorrect
@@SaintGerbilUK if average people dont have money to spend the entire economy is destroyed. it doesnt matter how hard you work all of our jobs, other than those who inherit, depend on people spending money even B2B those businesses need customers. go and look at the high street of an area with poverty
@@0w784gFunny you mention that. It inadvertently proves the case. The Uk needed the EU to distribute soms wealth in the UK. After Brexit things became even worse. Connecting the dots now?
@@0w784g That's the whole point. The countries that can afford to pay more help those with smaller economies. In the long run, those small economies grow and they eventually become richer and require less outside help. That's how it should be. Those who can bear the biggest burden should. That's why we need progressive tax laws to more fairly tax the super wealthy who can more easily take it.
First-past-the-post only benefits the elites in London. The UK needs proportional representation and the House of Lords needs to be abolished and replaced with a Senate that is directly elected by the electorate. Both the Conservatives and Labour have let the North of England deteriorate, and it would probably be better if the North of England gained a devolved Parliament like that of Wales and Scotland and Northern Ireland.
makes it sound less severe for England when labelled uk problem, the other countries are pretty much ingnored all the time. It's not a union it's the greater England project.
It is. There’s a clear shift in equality between north(which would include Jaywick)& south Essex. Essentially anyone outside the commuter belt is left aside. The centralisation of everything to London is ridiculous. It is basically its own city state & has been for the last 35/40 years.
Main issue is that you first start talking about income, but all of the maps are median wealth maps. The answer for that is obvious - real estate is more expensive in the south, so when there's capital appreciation, people are accumulating more on their main house in SE England than NE England. This is a much bigger factor than the more general "cap gains" answer that you gave in the video. Moreover, it's difficult to apply CGT to a main residence because then you cause friction in the RE market - nobody would downsize if it is going to cost them 28% of their net worth. Unfortunately this is unlikely to ever change because bulk of the population increase stays in London / SE, pushing demand and RE prices up faster than elsewhere. I wonder what the results actually look like if you look at metrics like living standards and housing affordability? Somebody earning £50k in Yorkshire will be able to afford a much nicer place to live than somebody on £100k in London
The graph at 4:13 where you show life expectancy differences is pretty, but the colours used for the two data points (2020 and 2030) are so similar to each other that it makes it hard to understand the data being presented. Would have been much easier to see if you had used contrasting colours instead of complimentary ones.
@@baha3alshamari152 Because it's literally in a war?! But look at countries like Czech Republic, Croatia, Lithuania, who are a lot better off than the UK..
@@Iestynity I'm talking about Ukraine before the war too There's African level poverty in areas outside few big cities like Kyiv and Lviv and Odessa I watched documentary about it in 2019 That was 3 years before the war
@@baha3alshamari152Ukraine has been poor since independence while UK is increasingly moving into poverty. Since you're into cherry-picking, you can have your pick of which is worse.
I'd say because these places traditionally relied on heavy industry. Coal mining, ship building and such. When these shut the wealth dissappeared. Manufacturing has increased since brexit but much more needs to be done. Especially with ship building and heavy industry. Which we need to rebuild.
These inequality indexes ignore a big factor, which is globalization. The top 1% earn most of their money abroad, but the data and media insinuate that they are making money over the locals. HSBC, Unilever, BP, and most of the biggest British companies have most of their revenues abroad. Is that wrong? The countryside of the UK is struggling because the UK government is extremely incompetent to build a good infrastructure to produce wealth, and Brexit made it worse (losing 600 million consumers for UK products). There is literally no reason to invest in these places and these are the consequences.
I don’t see your logic at all and would go as far as saying it is wrong. Globalisation should not create inequality, unless you decide to create trade barriers. If the top 1% earn their money abroad then they should be taxed in the country they live in. It is wrong to tax the poorest in society the hardest. It is the job of government to provide infrastructure but are incapable or unable or too corrupt to create these projects. The taxation system and wealth inequality within the country is the biggest driver of inequality.
@@saabsonsanthey aren't though the top 1% pay 26% of all tax collected. The top 10% pay 60% of all tax collected. The bottom 50% pay less than 10% of all tax collected.
@ChucklesMcGurk yes it's funny that mass immigration was previously an issue on the left since it depresses workers wages. Yet now that's a _far-right_ talking point.
Lobbying. There are individuals, groups and corporations that will back MPs to serve their interests for money. It has gotten so bad now that its effecting domestic policies. This government was not elected by the people, I think that is also important to point out.
Why separate out the two? Merge income and capital gains to a single tax with progressive bracket-a capital gains & income tax: £0 - £5,000 = 5% £5,001 - £10,000 = 10% £10,001 - £20,000 = 15% £20,001 - £40,000 = 20% £40,001 - £80,000 = 30% £80,001 - £140,000 = 40% £140,001 - £280,000 = 55% £280,001 - £560,000 = 70% £560,001 + = 90% With that, could get rid of standard corporate (income) tax and move towards a ratio pay tax where the lowest paid worker and the highest paid worker (usually ceo) are pegged for revenue collection. This will help actual small businesses as they can hardly afford to pay their manager/president/ceo much more than their employees. Ratio pay tax is not bracketed and all revenue is taxed at a single level: 1:1 - 1:5 = 0% 1:6 - 1:10 = 5% 1:11 - 1:25 = 10% 1:26 - 1:40 = 15% 1:41 - 1:55 = 20% 1:56 - 1:70 = 30% 1:71 - 1:85 = 40% 1:86 - 1:90 = 50% 1:91 + = 60%
@Letsthinkaboutit-mb7nn low unemployement in UK is due to an ocean of "shit low paid 1 hour slavery" contract job that artificially keep unemployement low compared to other european countries. is it better? is it worst? I don't know, just saying you can't really compare unemployement figures
Is this about the UK or England? Non-English data is shown on the first graphic, and then no mention in further graphics or discussion. Is this deliberate?
@@Redwitheran growing what? Debt? Everyone is leaving and they keep having to borrow money to stay afloat. Go to any city in Italy you'll see what a dump it's become
@@joshnicholson2934 And British cities aren’t any better? Italy is at least recovering faster than the UK, not in its best state, but it isn’t currently “sick”.
What does UK actually produce? I drive a French car, use German and Japanese tools, watch Korean television use iPhone made in China, my clothes are from Turkey and Bangladesh. Food is mostly produced in my country, Spain or Greece. My furniture is from Italy and Sweden mostly.
Hmm. The headline mentions "UK’s Regional Inequality", and you illustrate your argument (almost entirely) with data from ENGLAND. I think you have made your point about Regional Inequality in the UK.
Watching from Turkey, I loved how you compared the shortest-lived parts of England to my country! It's also amusing that the photos shown of poor parts of the country, look like rich neighbourhoods to me, only badly maintained...
im in the South West working in a very poorly paid industry, its getting really dire here too. very few people i know can afford rent comfortably without house-sharing and its getting really hard to do anything outside of work and sitting at home, even in a cheaper but well connected area. The Cotswolds (where i am) is VERY wealthy but i dont personally know anyone with much to show for it at all, its so concentrated out of peoples hands. NO ONE can afford the badly built new houses around here and even if they could, theyre looking for families not struggling house-sharers. ive not been able to get onto a dentists patient list in 10 years now, its really dire.
Thought the title was "Why the UK’s Regional Inequality is Getting Worse", yet all she talked about was England, had the token mention Wales and Scotland once. Clickbait title from TLDR as always, used to enjoy the videos but they are far too England-focused instead of UK-wide these days
Ok, I'm going to try and make a logical argument here. Follow me on this please: - The UK is financially and politically unequal. - London and regions around it are rich. - London is the Capitol. - London houses a number of government institutions and departments. - London has historically ran the UK unchallenged - England has the largest population in the union. - Rural areas are underdeveloped and not producing wealth in comparison to cities. - Cities have the largest population compared to rural areas. Based on this information, If we ever want to be equal. We have to solve one critical problem. London. Take away it's power and divide it between the cities of each shire in each country. That's when you will see progress. It will take time, but our children and our children's children will be better off.
This is true of all countries the cities always makes more than the rural areas and most countries capitals make the most money. The capital requires a countries support to make the money as London (in this example) cannot exist on it's own.
Probably won’t work, many countries tried sending their executive branch away to a separate city but the economies didn’t went with them. Look at Canberra of Australia , Washington DC of USA and Bern of Switzerland. Local governments need to be given more power to legislate so they can enact policies and attract businesses away from London. Like lower taxes and reduced bureaucracy
I can only say this as a spectator. It is just dirty in less affluent areas of London, very dirty and worn down infrastructures in almost everywhere else in the UK. Comparing that to Dublin which is so much cleaner and clearly with much more funding in public services. Cleanliness of streets is just one very superficial way of suggesting the wealth of a country/a region. Simply put, if you have more money, you naturally want to beautify your city. If you don't have extra money, beautifying or having a more comfortable public space will be the last in your to-do list. Macau is one of the best examples, they have so much in their reserve that they have no problem changing flowers bi-weekly or even weekly and hire hundreds of gardeners to tender to flowers and trim bushes and trees in large public spaces everyday! There are inequalities everywhere in the world, but I guess the effect of inequality on people in Hong Kong, the UK, the US, France are much more severe than other countries.
The wealth in Macau and Dublin aren’t held by the citizens in these places, mind. Macau is an open regulation zone for gambling and casinos which is reinforced by the CCP (it has to be seen as a success, at least to the outside). Dublin is a tax haven for corporations. Both of these are not long term strategies and many cities wealth have come and gone over the years using loopholes. Its more realistic to compare like for like to see where the problems are, rather than just the amount of money a city spends on gardeners.
Are you talking about Ireland that spends very little on defence, and has beggar my neighbour tax policies that make big Tech companies pay very little corporate tax. Yeah lets put one thumb up for emerald isles.
@@TheReferrer72 yes the low corporate tax is well known. Retrospectively, Ireland will be much poorer without it. Isn’t it? Poor is a very superficial term of course. But just the simplest salary before tax, one of the highest in the EU? After tax of course might be not a lot. But how would Dublin rise on the world stage like now without such strategy? Ireland has always been dwarfed and really unequally by the UK in many different aspects. You can’t say big tech companies don’t provide jobs in Ireland for example, because they do, isn’t it?
@@KazeHorse I would think that regardless of whatever policies or zones or whatever, at the end, it comes down to purchasing power and how much it’s citizen control and retain wealth, tangible and intangible alike. You can own a house in Vietnam and it would worth almost nothing in the world market, but if you own a house in London, it would worth more. You can own a small house in HK, if you cash it, you can own two to three large houses in the UK. That’s very capitalistic way of thinking, but it is just the truth isn’t it. Taxations come into play of course, how much you earn and own doesn’t correlate to how much you actually have at the end. But who is to say that every states and cities must have the same taxation rate? But that would result in trade imbalance like that of US and China, this is already at an inter-countries level that really concerns business-owners much more and will only affect individual citizens on costs such as costs of livings. Different countries and regions have its own special set of challenges that is perfectly understandable. Me as an individual at the end, care really only about how much I have in terms of tangible and intangible assets (that is competitive in the world market), education, wealth fare, health care, salary and living costs and conditions, and more luxuriously, can I travel and still spend as much in another countries, for example, your salary in Vietnam is very low in comparison to any European countries, you as a viet person travel to Europe and you really don’t have much to spend based on your salary, in reverse, European going to south East Asian countries (except Singapore) would find things surprisingly cheap, and very affordable, because of their high salary relative to these south East Asian countries. I mean we do this all the time, the colonial powers knew it all. How the British empire exploited vast resources and cheap resources in the new word is common knowledge already. Singapore for example is another country to fly economically by opening up and have international corporates set a foot in its land. In terms, its cities have such good infrastructures, educations, and indeed very clean and a lot of gardens. Clean and effective Government (not necessarily an efficient or smart one) earns money from whatever policies or means (of course still adhering to international game rules) in turns, it provides housing, education, health care, wealth fare and better everything in terms of cleanliness, hard wares such as gardens, waterfronts, bridges, transport. It’s just the truth. You don’t have enough reserve, you just do the bare necessity, if you have reserve, you splurge and spend wisely, by investing more, have money make money for you.
The very wealthy as well as being able to pay much lower rates of tax due to lower capital gains tax rates are also fully able to exploit their ISA allowance. An article last week pointed out that the ISA allowance needs reviewing. The average person cannot save £20000 per year, the wealthy can exploit this I am sure they do, every year on 6th April therefore putting away £1 million+ in their lifetime with all gains, dividends free of tax. Who is exactly is a £20000 limit intended to help? If you fall into the highest rate of income tax payers you then do not get a tax free allowance and a lower savings allowance. It should be the same with the ISA allowance, some sort of means testing. Capital Gains also needs be the same rates as income tax. Not hard to see why wealth inequality is so high, and when we are told the wealthy are already taxed enough how do they keep a straight face.
As a U.S. citizen I find the term “leveling up” to be strange. It’s the kind of thing that I associate with video games rather than real life. It’s not an expression regularly used in U.S. politics.
😀 Ever hear of Super Tuesday? When I first heard of that, I assumed it's some sport event, like the Super Bowl or something. But it is weird to see politics treated like sports or video games. People want spectacle and the media/political class is giving them a show. I don't know if you've noticed that "boring" or "low energy" is one of the worst things you can be called and questions like "who would you rather have a beer with?" are legit indicators of electoral success, as if people are voting for a buddy, not an MP/Congressman/President/etc. People would vote for the worst and most corrupt people as long as they're entertaining. I thought this was a "we" problem (as in Eastern European only problem). I thought you Westerners would never do such a thing, because you're civilized, honest, developed and educated. But discovering the putin-Trump-Brexit era of instability... I was surprised how Eastern European Westerners can be. And looking at the UK here, I'm stunned what thieves Brits are... I mean, we have a scandal if a mile of highway costs 15 million EUR/km, meanwhile in the UK they steal billions in one go (e.g. COVID test and trace, they sunk 38 billion GBP in that). Even our worst thieves would blush to steal that much.
It isn't used regularly in the UKm some overpayed unelected Govts tw*t had a brain fart and the govt ran with it. Not sure if its because no one in the govt was smart enough or care enough to note that it actually sound really stupid!😢
As a German I feel the same, maybe even more so because colloquial expressions are seldom used in our poltitics. Funny thing is, the Brits even founded a "Department for Levelling Up". Its literally the title of the secretary (secretary of state for levelling up, housing and communities, also referred to as the levelling up secretary). I don't know how any politician (especially conservative) thought this was a good idea. How can you be called that and expect people to take you seriously.
As an outsider I only started hearing the term with Boris Johnson. It's was very much in the Trump-like fashion at the time to use simple terms. However the downside is that no one takes it seriously then (since they probably didn't take it seriously as well)
Horrendous wastage of tax money across the spectrum, so yeah let's increase tax which the rich don't pay and so will be burdened entirely on the middle class
Obligatory mentioning that when you put UK in the title and only talk about England and Wales, 1 in 10 viewers in Scotland and Northern Ireland die from fatal eye-rolling.
Obligatory mention that Scotland is the 8th most populous region of the uk. It also has the 4th highest income in other words you are one of the rich regions. Scotland is far closer to the southeast in its income and government investment than the north of England. That has a lot todo with its out sized influence on government policy and its devolved powers. So yeah any mention would have been basically apart from scotland the rest of the uk is getting poorer
I get that there was no data on Northern Ireland so very difficult for them to make comments on there, but not a single word or mention of Scotland is poor indeed.
@@ThePirateParrot So, the only way the UK has a 'north-south divide' is to cherry pick data and ignore ~10% of the UK by population. My point is that this divide is an England issue, pretending Scotland doesn't exist isn't the solution to discussing the issue. Just a small complaint that the title should mention England rather than the UK.
The real problem in the UK isnt our leaders; its us. Older generations who have the time, money and energy to affect change are enraptured by rabid consumerism and prefer blaming the young rather than making any positive moves or having an informed political conscience; they were bought off by mortgages and a lifetime of slavery. The young are obsessed with basic survival and rat racing not realising that all solutions are on some level societal solutions (with self-reliance as a core component). Not to mention the fact that most of the pop. Is phone addicted, adhd, socially anxious and borderline depressed. We as a nation need to actually deal with our personal problems and change will happen.
Nice ageism. You’re the wah wah type we see. Older generation are the just get on with it. Older generation grew up with very little, whereas young people, have too much, in fact young people, have far more at a much earlier age.
@@JohnJones-k9d are u serious? Did ure adhd kick in before reading the second or third paragraph. EVERYONE is to blame. People literally cant think anymore and just miss the point on purpose to live in lala land. I said 'WE' are to blame and you just gaslight me to say i was blaming the old. Your brain doesnt work seek help im serious. This is exactly what I am talking about when I say our brains dont work anymore.
"Move the house of lords to Stoke" is my new favourite terrible plan for wealth equality.
It'd work too, but only because the Politicians would get mugged so often.
Stoke is an awful place. This is excellent idea
@@sirgavalot As bad as that place might be, if the UK ever did that you suggest, what you would get is what happens in the USA. When elites decide to move into a poor but trendy neighborhood - is gentrification. The police swarm the area, innocent people get hurt by the authorities and poor people are forced to move. Within 15 years you cannot recognize the area because it has become yet another posh section of town.
But can they pass that law on a cold rainy night….
Or somewhere In the North East
Every time I go there I feel unsafe, would give them a good reason to fix the area and quick
Front of our local paper this week is how our council is annoyed at wasting so much time applying for a 25 mil leveling up grant that supposedly never existed
You know between regional disparities, culture wars, hostility toward immigrants, etc., etc. The UK is becoming more and more just like the USA every passing month. When do you think you will get folks demanding to walk around with guns a part of their right as free British citizens?
@@gregorybiestek3431 well the police aren't doing anything.
@@gregorybiestek3431 Hostility towards migrants with utterly incompatible faith and beliefs is justified. The rest of - not so much, no.
@@BaronVeyer Yea, you;re a bigot who has no clue
1. Hostility to uncontrolled immigration with people buying spots at uni then bringing all there family members over is justified.
2. You wish Britain became like the USA, average American has 60% more money, better Healthcare (provided you work), more affordable housing, UK is a shit hole in comparison, I'm a Brit that emigrated@@gregorybiestek3431
The rest of the UK is in decline the ones in power will not notice as they don't venture beyond Watford.
who put them in power though?
@@bbbf09wef
@bbbf09 it's the system that allows so much power in the hands of fallible career politicians IMO.
UK is stuck in the Victorian times but with more technology to constantly be reminded of how unequal everything is.
wouldn't say with more technology, we are still using Victorian infrastructure lol
If we were stuck in Victorian times, everything would be working properly. No we are stuck in the here and now.
Well they did build things to last.
Wrong, PRE Victorian era.
You must be crazy to compare UK rn to Victorian era. UK in Victorian era compare to rest of the world was literally #1 alike…
The British do not want to accept that they have never been a rich country with all the people living well. Before Thatcher, everything was immensely worse, because everything was statism... now the geniuses blame Thatcher and want to return to statism.
The government is not serious in fixing it. If they were, thet would have started building HS2 in Leeds instead of London. That would have forced them to finish it.
They’re more serious paying social media companies to help start WorldWar3 then fixing regular people’s daily life.
Whenever anyone asks "Why is _______ getting worse" and it applies to the UK, the answer is always the same. I'll give you a hint: It rhymes with the Whories.
Which is also a perfect nickname for them
@l.j.turner185 nah. Tory comes from "Tóraidhe" in Irish. Which means thief. Funnier as is honestly
Regional inequality isn't a bad thing in Tories' book.
They want everywhere else to weaken so that London can still exert control all over the island (and a chunk of island that is not theirs to control).
Then you are wrong. I'm no fan of the tories, I used to be but they don't represent the typical conservative values anymore. And labour, libdems, snp are no better!
The whole political system has failed the people in all aspects. You look at SNP who have solely run Scotlands state they have seen a rise in unemployment, homelessnes and drug addiction.. Ever been to Glasgow or parts of Inverness..
It's even worse in places that have been under labour control for decades, Birmingham, London, Liverpool.. All Labour run council's and they have run up debts and poverty.
The problem with your view is the tories some how control everything. They don't, behave.
The UK has no democracy, we have two parties that have ran the country for over 140 years and both Labour and Conservative Party have the same financial sponsors..
Don't believe me, do your own investigation like I did.. And you will find out no matter who gets in they have the same investors.
And when you do get a priminister that gets in and dares to try and fight the system to reduce taxs or increase quality of life for the population isn't it funny how swiftly they get removed. Isn't it funny how swift MPs get taken off the moment they try to go public or highlight issues.
All I ask from you and anyone else, is stop siding with a party and look at this deeper. You will find the only way we can force change would be to prove democracy is broken by mass voting another person or party that has zero links to the existing monopoly.
So let's say reformuk.. Let's go out and get them in, unite behind them.. We don't need to like them or agree on their objectives we just need to remove the existing held seats from the two parties that have ran things for too long.
If reformuk get in to power and they end up doing nothing and go against what they said they would do.. Then this proves the very real possibility that the system is currupt to the core and no matter who gets in, it's someone else leading the changes.
At that point, the public need to take action. What that action would be, I don't know but it would need to be significant. I'm not saying violance or acts of terror but maybe a decision to strip the council's of their payments and mass protests across all sectors.
If we all forced a vote of no confidence in the UK political system and we forced a public backed independent audit of the system or demanded the crown takes back control of the state.. Maybe just maybe things would change.
But nothing will improve as it stands.. It needs gutting
Mm yes, blame the Tories. Ignore Labour's contribution to the inequality with it's inheritance tax and wealth contribution tax which screws the poor and the middle class whilst being a minor inconvenience to the rich 1 percenters (who can hire accountants that can be sneaky with the taxes).
Also Labour's habit of crashing the economy whenever they're in power (not that the Tories are _entirely_ blameless on that front considering the shower o'shites we've currently got. 😒
Excluding London, England has a lower GDP per capita than the poorest US state
We’re the worst kind of city state
This is often cited - what most people miss out is that this also applies to all but a few European countries being poorer per capita than the poorest US state.
That doesn't mean the US is an incredibly rich place for everyone, nor does it mean the countries that are poorer per capita are places full of poverty. It's just not how it works.
Food insecurity is higher across lots of US states than many European countries. The levels of inequality in the US tend also to be higher than in European countries which are "poorer" than any US state on paper.
That’s because GDP per capita is measured in USD, which because of how it works gives an unfair boost to countries that manage the currency (just the US), in reality the US is poorer than that.
The largest economies in europe would be amongst the poorest US states and all have worse inequality than we do, we're not special in this regard and im not sure why people think we are
This compares England without its capital but the US states including theirs.
'First began around 1979' why leave out who came to power that year? Looks like 'trickle-down economics' has always been a con.
Thatcher
Everything bad in the UK started with Thatcher.
Everything bad in the USA started with Reagan.
Thatcher led into Blairism and that is the globalist economic mindset.
not to supprising that the upper classes do better when your eco focus is a global eco mindset then a "how is my country doing" one.
I am always amazed at how popular trickle down economics is with the people most hurt by it.
@@neeneko It's been awhile since we had a mainstream party opposed to it and non of the UK media questions it instead painting any proposed alternative as 'commie.'
It’s called tax and spend. Start taxing wealth properly and spending responsibly. No more public private partnership. Stop throwing public money into the private sector while paying for Labour/ Tory donors. Spend it responsibly on public services.
So true
So naive. None of that is ever happening. Capital flight will complicate things
Yeah, but the people in the poor regions are really easily sold on the idea that if we just make the rich richer and clamp down on immigration/environmental regulation/public services, then they will somehow get wealthier.
Or you can go with the US version : hey, we'll keep you poor, but at least we will help you punch down!'
That’s the dream. Whichever party who rules UK will continue to spend without control and continue to waste money and only benefitting the rich. It’s inevitable with capitalism. Tony Blair, Brown, Cameron, etc…they are all the same…
This implies rich people are willing to spend taxes here and not use off-shore accounts.
If people aren't willing to play (or pay) by the rules, the rules become null and void.
Confidence. The UK has given any investor (internal or external) zero incentive in the past 2 decades to invest in the UK outside of London. Wether it be multiple snap elections, the Brexit referendum or awful budgeting decisions, there is no one willing to risk theier money to invest in the UK. The wealth doesn't even stay in London either, it just passes through it. Suits the government just fine mind you, as most MPs live in London anyway rather than their actual constituencies.
The people in their constituencies need to vote them out of they don't represent them, but if you're in a "safe seat" then you can ignore the people who you represent.
This is why the UK needs proportional representation so that politicians who actually care about their constituents can be elected.
@@Whitehalo732 PR doesn't actually deliver that though, it's not like your MP would be 50% conservative, 30% Labour, 10% SNP and 10% other.
@@SaintGerbilUK in proportional representation political parties will have to form coalitions and work with each other in parliament, this is good for the voters or smaller parties since it means that the policies they want are more likely to be implemented. As it stands in the first-past-the-post system. The voters of Liberal Democrat’s and Greens are all but irrelevant in the parliamentary level, since there is very little chance that the Liberal Democrat’s or Greens will get majority coalitions in parliament, and that puts off voters from voting for those parties. The voters of smaller parties may actually vote AGAINST the small party they support because first-past-the-post forces them to vote tactically for either Labour or Conservatives in the constituencies where the smaller parties are unlikely to win, this shouldn’t happen in a democracy and it causes voter apathy and cements the power of the Conservatives and Labour in a two-party system that is little different from the American Democrat-Republican system.
@@Whitehalo732 sure I get that PR means smaller parties get more of a say, but it just means that the representative for an area is someone else, and still doesn't represent their people.
Can you please stop calling it the UK in the title then only talk about England when us up here in Scotland are neglected by news and government
If it helps I’m in the north east & all I was told is I am poor & will die early 😂
Well they did talk about Whales
Scotland has to leave this toxic "union" ASAP after that these videos will not apply to us. The "unionists" must be mad actually wanting to be governed by another country with the ancient Westminster clownshow running things!
@@Mr-Foad The notion that Scottish independence would be at all beneficial is incredibly stupid, you rely on the union and England for food, money, defence, infrastructure. Basically some of the most basic things required for a state to survive. Not to mention. Independence? Independence movements like Scotland's and Cornwall's are an insult to Tibet, Palestine etc. There is a complete lack of justification. We need to stay united, especially when it seems like Europe is diving head first into the shitter, with the UK at the spearhead. All one for one, and one for all, united we stand, divided we fall. England, Scotland, Wales, Northern Ireland all share a language, culture, political system, army, industry, electricity grid, but let's not forget, wires and words aren't the only thing that connect us too. We're all British.
@@Mr-Foad nah we need your oil money and you have all the mountains and beautiful scenery, don't leave pls. It would make England even more depressing.
One big issue is companies like TLDR News moving from the north like Loughborough to London, and dragging talent from Loughborough down to London and the south east.
Another issue living in the northeast is people from London and Southeast using their often higher income to invest in houses here for renting. It’s lead to fewer houses being available to buy and caused the prices of those to rise, out of touch landlords have also left rent amount soaring
No one should be allowed an existing house as a holiday home or to air b&b it. It's nothing but Fu**ing greed .
They do it all over the UK, even west country
Stop grouping the south east as one entity. People here in Medway are economically screwed with crappy public services and poor jobs and expensive rent compared to the north or midlands or wales or Scotland
Which is why a wealth tax is required above a high threshold.
we called it free market
What a terrible attitude to governing a country, take everybody’s money but only give it back to the richest regions.
We are supposed to be the UNITED Kingdom, the immoral behaviour of the Tories is absolutely disgraceful.
We should move forward together or not at all
People can always move to London and nearby areas
@@baha3alshamari152 that’s not a good idea, it changes the economic state of the UK into a place where ordinary people live in slums in satellite towns surrounding cities. Imagine the entirety of the UK living around London, would you be happy with that?
@@jakkuwolfinsomnia8058
Look at south Korea or Russia ?
They don't live like that despite having similar problems to UK
@@baha3alshamari152 we shouldn’t aspire to be like Russia or North Korea where all the resources, money and power is concentrated to one region. We must expand and diversify, distributing wealth across the nation to empower the freedom of ideas and innovation of trade
In 1979 the Tories were also in power
So moral of this story is that when the Tories are in power then the UK is poor and when Labour is in power then the UK is rich
Woah that's so weird how inequality started to rise so dramatically at the start of the 1980s I wonder what political event happened around that time to leave such a lasting impact
I know. Mega mystery! 😮
I’m not from the UK, could you elaborate on what event happened in the 80s?
@@michaelbaker5501Margaret thatcher became priminister and effectively bulldozed northern businesses
@@michaelbaker5501 Margaret Thatcher got elected, brought about the neoliberal era of capitalism that shifted everything rightward towards an absolute faith in free markets and the private sector to run society for decades to come, chaos ensues...
@@michaelbaker5501 Margaret Thatcher's government attacked the trade unions & worker's unions and dealt big blows to the working class people, causing the inequalities between the rich and poor to skyrocket.
Seems this isn't a video about the UK, just England. Would've been interesting to learn about inequalities in Wales, N.I and Scotland.
Im from Wales and live in Scotland - there are serious issues in both countries including transport. Cardiff and Edinburgh have good infrastructure but outside those cities it is woeful.
@@trystandavies7249 thanks for the reply. How's the infrastructure in Glasgow? Does the city have light rail/trams?
@@georgeykitheka Hi - I don't know Glasgow well as I live in Edinburgh. I think it has a decent system in place. Edinburgh has an excellent transport infrastructure. The central belt - the bit between the two cities - seems to suffer the most which is ridiculous considering it is between two prosperous cities that are expensive to live in. I know people who live there who often complain about the quality of the service and the cost of travel. Edinburgh has areas of deprivation like any city. The council seem to favour investing in tourism which brings in a lot of income. Edinburgh favours the student population and student housing above affordable housing which pushes a lot of people out to the central belt.
@@georgeykithekaI live in Glasgow. No trams, but we do have a (very small) subway. It's one line and only runs between the city centre and the west end (wealthy area). The trains work well for commuters, but aren't effective for navigating the city. The buses are very poorly run and unreliable. As a result, transit in the city is difficult and car ownership rates are high, even in centrally located neighborhoods. Improving the bus system would make a world of difference
Even in this it's very England centric and barely talks about Scotland,Wales and Northern Ireland
Looking at the map it looks like that’s because:
Most of Wales and Scotland is faring better than the mid and north of England.
NI data doesn’t look like it’s present at all.
Whenever British media talk about the "North", it's never about Northern Wales, Northern Scotland or Northern Ireland. It's assumed that you're English and know that they're talking about England.
@@Niall001 It's crazy that people refer to the most populated area of the country. Sure Northern Ireland, Scotland and Wales have their own media to talk about their own norths...
@@KazeHorseNI is treated like an unwanted stepchild by the UK unfortunately
@@PlanetTrendy then call it english media, not british... UK is a farce, it's just a con to make Scotland, the colony in Ireland, Wales and Cornwall accept English domination.
Since 1979, it hasn't so much been "trickle down" economics as "hoover up".
When they said we'd be better off with Neoliberalism (AKA Thatcherism/Reagonomics) they weren't actually talking to us, but to themselves.
Would love to see how Cornwall is accounted for with wealth inequality, when you discount all the super wealthy buying homes in Rock or Newquay.
Indeed this true of The SW overall, fine for retirees but if you're someone that is of working age it's not easy - Cities like Plymouth have huge amounts of poverty and deprivation, and even supposedly well off cities like Bristol are a struggle to live in for many.
@@Cosmiksandra I was born in Plymouth, but brought up in east Cornwall. There is such a lack of everything.
@@Cosmiksandra Your SW part sounds a LOT like the southern USA - great for retirees, hell for working age folks with low wages, few prospects, and LOTS of poverty.
people get a skewed idea of cornwall from holiday photos and seaside homes. none of those houses are owned by cornish people - and if you go anywhere in-land the county is dire.
it's a shame this becomes a north vs south debate where cornwall and devon get lumped in with london and kent, because the sw has some of the absolute worst infrastructure in europe, and is in as much need of drastic help as the north is.
Should be retitled England's regional inequality.
I live in West Yorkshire and everything is falling apart up here. Services are going to absolute sh!t. Even the post office in my area has reduced its opening hours. Instead of opening at 7am, it now opens at 9. It feels like everything is intentionally being made more inconvenient.
The UK still has ‘nobility’ (dukes, counts, barons, etc) that inherit vast land and wealth, and it’s somehow news that wealth inequality is rampant?
Exactly 😂 royal family exempt from paying tax and our tax money going to them…
I recall some Lord or another answering a question of how to truly make it in this country by a journalist, and his answer was "It's simple, be related to one of William the Conquerors mates". The whole system has been set up to be this way for nigh on a thousand years. We're still run by literally the same families who came over all those years ago.
@@TalesOfWar I've said the same many times and had many funny looks. People don't get it. Duke of Westminster is one of the examples par excellence.
@@abody499they can’t believe they get away with so much. They know they are just regular people but rely in the mystique
The one thing that the UK excells at is lying and appearances.
They keep saying how it's an open society and meritocracy and all, when they literally have a caste system.
London is a black hole, it absorbs wealth and the more it absorbs the more it grows and attracts more wealth, to the point that if you are to invest in the UK, the most favourable option is London
it is a vicious circle that will continue at the expense of the rest of the country
Even if the politicians were interested in changing this fact (and they are not) it would take huge effort to achieve it, the inertia is just too much
Funny enough, one of the principles of the EU is to look into that type of regional inequality and do something about it
Without massive investment in public projects, infrastructure and education nothing will change, and even with that, it will take years
The entire bribery of so called public projects is a sham. Build a wonderful something in a far off place. No one cares or will go there! That is actually going to get stronger as everything is available on a computer, people are not going anywhere. I have not even been to a local town to shop for well over a decade, I will never pay any cost at all to use HS2 to go to some remote northern town. Why would anyone? I am closer to London and never visit that! Infrastructure is about paying the right mates with big companies and ability to add on costs and no losses to them, through to the entire overpaid consultants grouping.
The eu is an evil empire and it 'buys' off people and nations to it's servitude with such pointless projects. But the UK always loses out as they take more of our cash and give most of it to others. As we are actually far too well off! Overall. Compared to the places the eu has 'invaded' and gained power over.
@@nicholaspostlethwaite9554 You're the classic example of "Got mine, fuck you". You and people like you are the reason we have such a shitty government. You relish in the idea of others you don't like suffering slightly more than you do, out of pure contempt and spite.
There was only two flaws with Boris’ plan.
1). There was no levelling-up plan.
2). They didn’t want to level up in the first place.
You know how when you put Reagen on a graph and it almost always aligns with something getting worse (wealth inequality, cost of US healthcare, lack of minimum wage growth)? You could probably do the same thing with Thatcher
Reagen and Thatcher were two sides of the same coin. Both countries are still reeling from their time in office.
In Denmark we had Schlütter in the 80'es. Undermined our NHS and privatized everything he could get away with. 10 years of conservatives, and we were knocked 30 years back 🙄
It was a Decennium Horribilis!
We haven't recovered yet ... not sure we will ...
@@TalesOfWar yeah Thatcher took the country from one extreme to another. Don't get me wrong, the winter of discontent needed a solution but it didn't have to be as extreme as Thatcher. I don't think strong reactions ever yield good results. Look at China trying to combat their growing population with their one child policy which is coming back to bite them in the arse.
FPTP makes regional inequality worse. Marginal seats recieve government funding. Safe seats are forgotten about
It doesn't help that the industrys that made the uk are ither gone or hardly a shadow of what they once were, especially here in the north east hear in Teesside the amount of abandoned industrial plots along the river is ridiculous and the money that would be needed for improvement has be stolen by the government to line the pockets of over paid political parties. Middlesbrough council nearly went bankrupt not that long ago
A lot of councils going bankrupt including Birmingham last year, only solution for them is raising council tax. As a country we are further spiralling!
And Boro council have the cheek to charge residents an extra £80 per year as a result to have their bins collected
Because the political class only sees London and ignores the rest of the country as long as GDP goes up. This will never change because this is the Raegonomics/neo liberal status quo we've been stuck in since the 80s and it's enriched both the political and investment classes.
Gary’s economics said if the rich are not taxed more inequality will worsen
Ofc, they’ll move their assets and asses to Europe or the US. The gov will get even less tax revenue than before
New industries need to be established or encouraged in the North by the government. It was the North that pulled the UK together during the Industrial Revolution era. It doesn't deserve this nonsense.
Tories operate on the "Thatcher source code" according to which industry is a complete waste of resources and the economy must be powered by services.
Manchester did this to a degree with the move towards the creative industries like media. It's no surprise that the birth of the Industrial Revolution was one of the first places to find a new place for itself. Sadly though, Manchester seems to be the only place outside of London that gets any kind of investment, though it's private or foreign rather than from central government. We're still massively behind on major infrastructure like transport because that really needs proper funding capabilities. Nowhere in England outside of London has the legal power to create capital expenditure which is a power the Tories have been trying to get back since Labour gave the Greater London Assembly some devolved powers last time they were in power. Everywhere else in England has to rely on the Treasury for funding of larger projects. They always say no if it's outside of the M25, and even within it they'd rather not, they just kind of have to as that's where it's easier to get a return on it because they've already invested there before. It's an endless cycle. They don't invest in places outside London because there's less return, but there's less return because they don't invest.
Sick and tired of uk and england being used interchangeably.
Wales isn't England
Thatcher killed off our manufacturing and said London financiers would create the country's prosperity. And it did, for London.
Kinda deeply irresponsible to describe a phenomenon beginning conspicuously in 1979 and not explicitly join the dots there.
Amazing reporting. These are topics the main stream will not address
Wales has needed levelling up for eight centuries.
Perhaps they, and all these areas are actually at the level they deserve!
Way way before the inane blame the 'Tories' lies, centuries ago, England was economically stronger than the likes of Wales and Scotland. Whole load of stuff like more productive farmland, geographic location less far off and isolated. More driven to succeed competitive people as it was more crowded. Who knows, but it has always been so. Aggravated in modern times by the able and greedy, moving to the SE areas from the dead beat complaining, moaning areas if they have any ability or drive.
I do not think anything can or will change unless attitudes change and make the currently less attractive marginal areas attractive to commerce. Means ending the 'won't do' unions, cloth cap northern perceptions, and Labour voting actually sends a message, do not have a business here.
@@nicholaspostlethwaite9554 Arrogant tosh.
I think you're forgetting that the likes of Wales and similar fueled the industrial revolution with our coal mines, iron and steelworks. What an absolute faux pas completely ignoring that our ancestors in these regions worked in abhorrent conditions for small pay, working ungodly hours. They suffered chronic health conditions that caused premature death, plus mining accidents that decimated families (my grandfather suffered both, being pinned by a coal dram and ended up a year in hospital with a multitude of broken ribs and spine, then suffered an early death from the amount of coal dust in his lungs later on). All the power the nation and beyond. Our coal was considered the best in the world, and we were pumping it out, top exporters of the world, off the backs of communities like mine. Everyone knew everyone, neighbours looking out for each other, wives worried if their husbands would return home at night. Now we live in small villages, lucky to have one shop, no jobs, small industrial estates than employ less than 5% the pits did. Police beat the men on the street for having the audacity to stand up and strike to fight for a living wage. The pits closed and the jobs dried up. Now the communities are forgotten and the industry has relocated elsewhere. This is recent history and the drive to work is there, it always has been. Geographically we've had the resources sucked from us and hung out to dry.
Britain should implement a new voting system asap. And abolish the house of lords, and take away all their titles, land and priviliges.
Private schools stopped, and the banking world (and doing small en medium business) more transparant. So that people can understand how financial products work.
I always thought the first thing we should do is cap MP/Lord salaries to £60,000 annual max. Well, even that's quite generous.
But no doubt that might get their attention.
One added bit- HS2 was classed as an "England and Wales" project, despite no track being laid in Cymru. Scotland and NI got tonnes of cash to make up for this. What did Cymru get? Nothing.
not even a few sheeps?🤔
Wales wouldn't need any new track laid in Wales to benefit from HS2, nor would Scotland. The existing network would have benefited from a doubling or even quadrupling of capacity in most areas by virtue of removing the fast inter-city trains to dedicated lines. As is stands now the network is full, and a fast train from Glasgow to London is only going to stop 4-6 times per trip. Everything else has to get out of its way because they get priority. Take those away and you now have more space for the slower regional and commuter trains that stop far, far more.
The Tories don't like to give money away, unless its to their friends. They especially don't like giving it to Labour areas, as we see here in Manchester. We've always been a Labour strong hold and they're loath to help out. We have to do our own things, as much as we're legally able to (raising capital etc isn't a power anywhere in England has outside of London). I remember when Andy Burnham was first elected as Mayor of Greater Manchester. The Tories cut the council budget by £27 million because their guy lost.
Businesses should pay lower taxes though if it means they are helping to create jobs for the economy. Sure there is a balance you need but if you tax businesses so much then there is no point in having a business and you might as well just work for someone else instead
In the South West, life expectancy is dropping down to 64, yet I'm being told I can't retire until I'm 70...
With those stats in mind, what's the point of a Pension? Since I'm expected die before I get to retirement age...
And that's how they get you.
You don't save so you can't pass on any wealth to your kids, if you choose or can afford to have any, thus keeping the undesirables in a cycle of poverty feeding the rich and powerful
At this point what's the down side to just staging a French revolution
You do realize that when
President Franklin D. Roosevelt introduced it in the US he set the age at 65 when the life expectancy was 63?
In the UK when it was introduced in 1948 the age was set to 65 for men and 60 for women, but the average life expectancy was in the 40's although that was obviously impacted by the war.
dont know about life expectancy, but i do know its becoming more and more stressful living in the south west with house prices and rent increasing. Looking to move out to a small town just to be able to properly afford rent
The he graph at 03:59, doesn’t measure life expectancy, it measures HEALTHY life expectancy (HALE) which is a different measurement. Life expectancy is the average lifespan and the UK average lifespan is 80.70 years, healthy life expectancy is the average amount of years that a person will be free from long-term diseases such as those that affect the elderly, elderly people can still live and have a relatively comfortable life even when they have exited their Healthy Life years. TL;DR should have differentiated between HALE and life expectancy because this is the first time I have heard of the former measurement.
HEALTHY life expectancy is expected to decrease to 64, so the number of years you're in good health. Life expectancy is actually prokected to continue to grow, it's currently 80 for men and 84 for women in the SW
I can only hope Britain implements a LVT & Ranked-Choice Voting based on Proportional Representation (P.R.).
The UK has entered the dark age.
Did it ever leave it?
The ‘lost century’ I call it.
We are finally feeling the true effects of Thatcherism. Thanks a lot Maggie /s
Why title the video ‘UK Regional Inequality’ if you’re just going to talk about England?
they always do this.... where is the north east? it's Newcastle, you'd think it would be Aberdeen.... The uk is England centric, the other nations are just expoloitation colonies. It also makes it sound less severe for England when it is labelled as a uk problem.
I’m from Northern Ireland and we don’t even have any data which is shit because I can’t even learn anything from the video at all really
As someone in the Northeast, just below Newcastle: Governmental and Public Sector jobs from the local councils to the NHS are incompetent.
The council literally outsource every task to a third party and if you are sick then just reply on your GP as the hospitals will most likely waste your time doing nothing or making things worse
The same reason it's happened in the US, late stage capitalism.
The North remembers
I love British politics at this point political conversations about uk politics should start with "first their was thatcher, then she ruined everything, and people liked her so they copied it and then it got worse"
Yes it's a bunch of cope.
She's been dead for years now, and yet we are finding new things she's done every day.
What people don't like about her was that she was effective in a time of turmoil created by their preferred party.
@SaintGerbilUK i am sorry? She privatised many aspects of our nation that then became worse over time. Its not that she cause the water companies to be shit. She just sold them and let them manadge themselfs then they beacwm shit
@Letsthinkaboutit-mb7nn and that legacy is unaffected by Major, Blair, Brown, Cameron, May, Johnson, Truss or Sunak?
@Letsthinkaboutit-mb7nn no examples though, strange how you can't think of any.
Almost like your argument is baseless.
@Letsthinkaboutit-mb7nn more deflection, have you considered a career in politics?
I live in the “wealthy south” part of England and I just want to say that when you’re poor, on minimum wage or Sick on benefits. It doesn’t matter where you live, it sucks all the same. Maybe worse as you have no hope of being able to afford the crazy inflated house prices in your home town.
Please can you change your comparative graphics to shades that are more contrasting? I had to pause a number of times and rewind which took away from the video.
Also highlighting who was in power in the graph at 0:57 would be quite informative context for the viewer.
I think this video would have been brilliant if it was longer, to really delve into the why as this barely scratched the surface
Please map those households with net worth over 10 million.
That is where the actually wealthy are, and they have all got a LOT richer, they are the ones buying up assets such as gold and houses.
Gary Stephenson here on TH-cam explains it very well.
London centric media, London centric politicians, London centric spending. The North of England needs new Universities, higher Child Benefit and more train and tram lines.
I've heard of something similar to this situation going on in South Korea. Seoul is essentially the backbone of the South Korean economy, but because of the decades-long investment in Seoul by the government and chaebol.
The other provinces have seen little to no investment from the South Korean Government and private enterprises which has led to a considerable Regional Inequality. I could be wrong though, but I'm lazy seagull and don't want to fact check.
Difference is SK Seoul metro region has over 50% of their population while London only contains just over 13%
It's similar in Japan with Tokyo, tho it's not as extreme as Korea
@@dym6464
Seoul has 20% actually not 50% but it's increasing with time so it may reach 50%
@@RaySmith-zg7od A lot of similarities between SK and Japan, it’s pretty daunting they’re ahead of most advanced economies and have serious population problems as-well. SK spent 200 billion dollars last two decades on Pro natalist policies and haven’t seen any change in Birth rate, Western countries supplement this problem with immigration which isn’t a terrible thing; Encouraging the most productive workers to immigrate [Im 2nd Gen Immigrant].
@@baha3alshamari152 Nah mate
Seouls Metropolitan area pop: 26.7 million
South Korea’s population: 51.3 million
Pretty sure that’s not 20% but it’s Ramadan so I’ll let you off!
One word: tories!
People who still vote for them perpetuate class inequality
Nothing changed under Labour, possibly got worse.
What is inherently good about equality?
If I try hard to better myself, I should receive the same rewards as someone who doesn't?
@@stumac869 Data shows Labor presided over 15 years of continuous growth combined with low inflation, 'nothing spectacular, but steady' to quote the BBC. Of course the world came crashing down due to the American housing market fallout, but your viewpoint is incorrect
@@SaintGerbilUK if average people dont have money to spend the entire economy is destroyed. it doesnt matter how hard you work all of our jobs, other than those who inherit, depend on people spending money even B2B those businesses need customers. go and look at the high street of an area with poverty
Labour promises to make everyone poorer but more equal
The UK has been screwed because since Thatcher left, they have been implementing socialist ideas year after year.
the irony of the whole leveling up policy is that THAT'S EXACTLY WHAT THE EU WAS DOING IN THE FIRST PLACE
You mean UK was doing. Does "net contributor" mean nothing to you?
@@0w784gWell since Brexit, the UK government is investing less in local communities compared to what the EU invested.
@@0w784gFunny you mention that. It inadvertently proves the case. The Uk needed the EU to distribute soms wealth in the UK. After Brexit things became even worse. Connecting the dots now?
@@0w784g That's the whole point. The countries that can afford to pay more help those with smaller economies. In the long run, those small economies grow and they eventually become richer and require less outside help. That's how it should be. Those who can bear the biggest burden should. That's why we need progressive tax laws to more fairly tax the super wealthy who can more easily take it.
@@TalesOfWar A charming rose-tinted view. How precious. How's that worked with China? Russia?
First-past-the-post only benefits the elites in London. The UK needs proportional representation and the House of Lords needs to be abolished and replaced with a Senate that is directly elected by the electorate. Both the Conservatives and Labour have let the North of England deteriorate, and it would probably be better if the North of England gained a devolved Parliament like that of Wales and Scotland and Northern Ireland.
Not a word on Scotland sadly
Scotland is an after thought within the UK, no one cares about it... I wish the "unionists" would wake up to that.
Only mention Scotland when a poll says independence is failing
THAT IS ANOTHER REASON WHY SCOTLAND NEEDS TO BE INDEPENDENT!.
You need to interview Gary’s Economics
Came to the comments for this
Re-title the video 'England's Regional .....' since you don't mention Scotland or Northern Ireland at all, and mention Wales only once in passing.
makes it sound less severe for England when labelled uk problem, the other countries are pretty much ingnored all the time. It's not a union it's the greater England project.
The country is a floating council estate
Without enough houses.
1:42 isn't that Jaywick in Essex? :p
It is. There’s a clear shift in equality between north(which would include Jaywick)& south Essex. Essentially anyone outside the commuter belt is left aside.
The centralisation of everything to London is ridiculous. It is basically its own city state & has been for the last 35/40 years.
Main issue is that you first start talking about income, but all of the maps are median wealth maps. The answer for that is obvious - real estate is more expensive in the south, so when there's capital appreciation, people are accumulating more on their main house in SE England than NE England. This is a much bigger factor than the more general "cap gains" answer that you gave in the video. Moreover, it's difficult to apply CGT to a main residence because then you cause friction in the RE market - nobody would downsize if it is going to cost them 28% of their net worth. Unfortunately this is unlikely to ever change because bulk of the population increase stays in London / SE, pushing demand and RE prices up faster than elsewhere. I wonder what the results actually look like if you look at metrics like living standards and housing affordability? Somebody earning £50k in Yorkshire will be able to afford a much nicer place to live than somebody on £100k in London
I am sure 14 years of austerity had nothing to do with it.
The graph at 4:13 where you show life expectancy differences is pretty, but the colours used for the two data points (2020 and 2030) are so similar to each other that it makes it hard to understand the data being presented.
Would have been much easier to see if you had used contrasting colours instead of complimentary ones.
very well presented 👍
TLDR News: claims to be balanced and impartial.
Also TLDR News: sources The Guardian and criticises the Conservative government.
We look worse than Eastern Europe outside London
no we dont wtf
Have you been to Ukraine
It's the poorest country in Europe and worst than UK outside London by a lot
@@baha3alshamari152 Because it's literally in a war?! But look at countries like Czech Republic, Croatia, Lithuania, who are a lot better off than the UK..
@@Iestynity
I'm talking about Ukraine before the war too
There's African level poverty in areas outside few big cities like Kyiv and Lviv and Odessa
I watched documentary about it in 2019
That was 3 years before the war
@@baha3alshamari152Ukraine has been poor since independence while UK is increasingly moving into poverty. Since you're into cherry-picking, you can have your pick of which is worse.
I'd say because these places traditionally relied on heavy industry. Coal mining, ship building and such. When these shut the wealth dissappeared. Manufacturing has increased since brexit but much more needs to be done. Especially with ship building and heavy industry. Which we need to rebuild.
These inequality indexes ignore a big factor, which is globalization. The top 1% earn most of their money abroad, but the data and media insinuate that they are making money over the locals.
HSBC, Unilever, BP, and most of the biggest British companies have most of their revenues abroad. Is that wrong? The countryside of the UK is struggling because the UK government is extremely incompetent to build a good infrastructure to produce wealth, and Brexit made it worse (losing 600 million consumers for UK products). There is literally no reason to invest in these places and these are the consequences.
I don’t see your logic at all and would go as far as saying it is wrong. Globalisation should not create inequality, unless you decide to create trade barriers. If the top 1% earn their money abroad then they should be taxed in the country they live in. It is wrong to tax the poorest in society the hardest. It is the job of government to provide infrastructure but are incapable or unable or too corrupt to create these projects. The taxation system and wealth inequality within the country is the biggest driver of inequality.
@@saabsonsanthey aren't though the top 1% pay 26% of all tax collected.
The top 10% pay 60% of all tax collected.
The bottom 50% pay less than 10% of all tax collected.
@@SaintGerbilUK and the bottom 50% have less than 10% of the money, so they pay disproportionately more than they earn.
@@TheOmegaXicoryou are taxed on what you earn not what you have.
You're conflating two different things.
@ChucklesMcGurk yes it's funny that mass immigration was previously an issue on the left since it depresses workers wages.
Yet now that's a _far-right_ talking point.
Britain's regional inequality is like Spain's but less severe.
Lobbying. There are individuals, groups and corporations that will back MPs to serve their interests for money. It has gotten so bad now that its effecting domestic policies. This government was not elected by the people, I think that is also important to point out.
Why separate out the two? Merge income and capital gains to a single tax with progressive bracket-a capital gains & income tax:
£0 - £5,000 = 5%
£5,001 - £10,000 = 10%
£10,001 - £20,000 = 15%
£20,001 - £40,000 = 20%
£40,001 - £80,000 = 30%
£80,001 - £140,000 = 40%
£140,001 - £280,000 = 55%
£280,001 - £560,000 = 70%
£560,001 + = 90%
With that, could get rid of standard corporate (income) tax and move towards a ratio pay tax where the lowest paid worker and the highest paid worker (usually ceo) are pegged for revenue collection. This will help actual small businesses as they can hardly afford to pay their manager/president/ceo much more than their employees. Ratio pay tax is not bracketed and all revenue is taxed at a single level:
1:1 - 1:5 = 0%
1:6 - 1:10 = 5%
1:11 - 1:25 = 10%
1:26 - 1:40 = 15%
1:41 - 1:55 = 20%
1:56 - 1:70 = 30%
1:71 - 1:85 = 40%
1:86 - 1:90 = 50%
1:91 + = 60%
The Sick Man of Euorpe, what a fall for the once mighty and glorious Britannia which ruled the waves.
They ruled a slave trading empire that exploited poor countries.
lost the waves, became sick
@Letsthinkaboutit-mb7nn low unemployement in UK is due to an ocean of "shit low paid 1 hour slavery" contract job that artificially keep unemployement low compared to other european countries. is it better? is it worst? I don't know, just saying you can't really compare unemployement figures
waives the rules more like.
Is this about the UK or England? Non-English data is shown on the first graphic, and then no mention in further graphics or discussion. Is this deliberate?
I haven't seen this presenter before, she must be new.
It's good to see her on the channel, she is good.
The UK needs proportional ranked-choice voting 🗳 and a land value tax tbh
The sickman of Europe
okay wokie
Never been to Italy I guess
@@joshnicholson2934Italy is growing faster than the UK though.
@@Redwitheran growing what? Debt? Everyone is leaving and they keep having to borrow money to stay afloat. Go to any city in Italy you'll see what a dump it's become
@@joshnicholson2934 And British cities aren’t any better? Italy is at least recovering faster than the UK, not in its best state, but it isn’t currently “sick”.
What does UK actually produce? I drive a French car, use German and Japanese tools, watch Korean television use iPhone made in China, my clothes are from Turkey and Bangladesh. Food is mostly produced in my country, Spain or Greece. My furniture is from Italy and Sweden mostly.
Best Tldr newscaster !!
my future wife
Hmm. The headline mentions "UK’s Regional Inequality", and you illustrate your argument (almost entirely) with data from ENGLAND. I think you have made your point about Regional Inequality in the UK.
Watching from Turkey, I loved how you compared the shortest-lived parts of England to my country! It's also amusing that the photos shown of poor parts of the country, look like rich neighbourhoods to me, only badly maintained...
its because you are from turkiye, which obviously has different standard
@@torelloBank Thanks for stating the obvious, sir, wherever you are from.
im in the South West working in a very poorly paid industry, its getting really dire here too. very few people i know can afford rent comfortably without house-sharing and its getting really hard to do anything outside of work and sitting at home, even in a cheaper but well connected area. The Cotswolds (where i am) is VERY wealthy but i dont personally know anyone with much to show for it at all, its so concentrated out of peoples hands. NO ONE can afford the badly built new houses around here and even if they could, theyre looking for families not struggling house-sharers. ive not been able to get onto a dentists patient list in 10 years now, its really dire.
Thought the title was "Why the UK’s Regional Inequality is Getting Worse", yet all she talked about was England, had the token mention Wales and Scotland once. Clickbait title from TLDR as always, used to enjoy the videos but they are far too England-focused instead of UK-wide these days
Very good piece, one of your best.
Ok, I'm going to try and make a logical argument here. Follow me on this please:
- The UK is financially and politically unequal.
- London and regions around it are rich.
- London is the Capitol.
- London houses a number of government institutions and departments.
- London has historically ran the UK unchallenged
- England has the largest population in the union.
- Rural areas are underdeveloped and not producing wealth in comparison to cities.
- Cities have the largest population compared to rural areas.
Based on this information, If we ever want to be equal. We have to solve one critical problem. London. Take away it's power and divide it between the cities of each shire in each country. That's when you will see progress. It will take time, but our children and our children's children will be better off.
London is the Capital. A Capitol is a building.
@@LochyP thank you. Sometimes I get confused 😅
This is true of all countries the cities always makes more than the rural areas and most countries capitals make the most money.
The capital requires a countries support to make the money as London (in this example) cannot exist on it's own.
London is and was the financial centre going back 100's of years. This clip reports it like it's a new phenomena.😅
Probably won’t work, many countries tried sending their executive branch away to a separate city but the economies didn’t went with them. Look at Canberra of Australia , Washington DC of USA and Bern of Switzerland.
Local governments need to be given more power to legislate so they can enact policies and attract businesses away from London. Like lower taxes and reduced bureaucracy
6:12 I thought London’s transport is already poor enough. The train and bus always get delay.
I can only say this as a spectator. It is just dirty in less affluent areas of London, very dirty and worn down infrastructures in almost everywhere else in the UK. Comparing that to Dublin which is so much cleaner and clearly with much more funding in public services. Cleanliness of streets is just one very superficial way of suggesting the wealth of a country/a region. Simply put, if you have more money, you naturally want to beautify your city. If you don't have extra money, beautifying or having a more comfortable public space will be the last in your to-do list. Macau is one of the best examples, they have so much in their reserve that they have no problem changing flowers bi-weekly or even weekly and hire hundreds of gardeners to tender to flowers and trim bushes and trees in large public spaces everyday! There are inequalities everywhere in the world, but I guess the effect of inequality on people in Hong Kong, the UK, the US, France are much more severe than other countries.
The wealth in Macau and Dublin aren’t held by the citizens in these places, mind.
Macau is an open regulation zone for gambling and casinos which is reinforced by the CCP (it has to be seen as a success, at least to the outside).
Dublin is a tax haven for corporations.
Both of these are not long term strategies and many cities wealth have come and gone over the years using loopholes.
Its more realistic to compare like for like to see where the problems are, rather than just the amount of money a city spends on gardeners.
Are you talking about Ireland that spends very little on defence, and has beggar my neighbour tax policies that make big Tech companies pay very little corporate tax.
Yeah lets put one thumb up for emerald isles.
@@KazeHorse you are right🤷 like i said im a spectator only.
@@TheReferrer72 yes the low corporate tax is well known. Retrospectively, Ireland will be much poorer without it. Isn’t it? Poor is a very superficial term of course. But just the simplest salary before tax, one of the highest in the EU? After tax of course might be not a lot. But how would Dublin rise on the world stage like now without such strategy? Ireland has always been dwarfed and really unequally by the UK in many different aspects. You can’t say big tech companies don’t provide jobs in Ireland for example, because they do, isn’t it?
@@KazeHorse I would think that regardless of whatever policies or zones or whatever, at the end, it comes down to purchasing power and how much it’s citizen control and retain wealth, tangible and intangible alike. You can own a house in Vietnam and it would worth almost nothing in the world market, but if you own a house in London, it would worth more. You can own a small house in HK, if you cash it, you can own two to three large houses in the UK. That’s very capitalistic way of thinking, but it is just the truth isn’t it. Taxations come into play of course, how much you earn and own doesn’t correlate to how much you actually have at the end. But who is to say that every states and cities must have the same taxation rate? But that would result in trade imbalance like that of US and China, this is already at an inter-countries level that really concerns business-owners much more and will only affect individual citizens on costs such as costs of livings. Different countries and regions have its own special set of challenges that is perfectly understandable. Me as an individual at the end, care really only about how much I have in terms of tangible and intangible assets (that is competitive in the world market), education, wealth fare, health care, salary and living costs and conditions, and more luxuriously, can I travel and still spend as much in another countries, for example, your salary in Vietnam is very low in comparison to any European countries, you as a viet person travel to Europe and you really don’t have much to spend based on your salary, in reverse, European going to south East Asian countries (except Singapore) would find things surprisingly cheap, and very affordable, because of their high salary relative to these south East Asian countries. I mean we do this all the time, the colonial powers knew it all. How the British empire exploited vast resources and cheap resources in the new word is common knowledge already. Singapore for example is another country to fly economically by opening up and have international corporates set a foot in its land. In terms, its cities have such good infrastructures, educations, and indeed very clean and a lot of gardens. Clean and effective Government (not necessarily an efficient or smart one) earns money from whatever policies or means (of course still adhering to international game rules) in turns, it provides housing, education, health care, wealth fare and better everything in terms of cleanliness, hard wares such as gardens, waterfronts, bridges, transport. It’s just the truth. You don’t have enough reserve, you just do the bare necessity, if you have reserve, you splurge and spend wisely, by investing more, have money make money for you.
The very wealthy as well as being able to pay much lower rates of tax due to lower capital gains tax rates are also fully able to exploit their ISA allowance. An article last week pointed out that the ISA allowance needs reviewing. The average person cannot save £20000 per year, the wealthy can exploit this I am sure they do, every year on 6th April therefore putting away £1 million+ in their lifetime with all gains, dividends free of tax. Who is exactly is a £20000 limit intended to help? If you fall into the highest rate of income tax payers you then do not get a tax free allowance and a lower savings allowance. It should be the same with the ISA allowance, some sort of means testing. Capital Gains also needs be the same rates as income tax. Not hard to see why wealth inequality is so high, and when we are told the wealthy are already taxed enough how do they keep a straight face.
As a U.S. citizen I find the term “leveling up” to be strange. It’s the kind of thing that I associate with video games rather than real life. It’s not an expression regularly used in U.S. politics.
😀 Ever hear of Super Tuesday? When I first heard of that, I assumed it's some sport event, like the Super Bowl or something. But it is weird to see politics treated like sports or video games. People want spectacle and the media/political class is giving them a show. I don't know if you've noticed that "boring" or "low energy" is one of the worst things you can be called and questions like "who would you rather have a beer with?" are legit indicators of electoral success, as if people are voting for a buddy, not an MP/Congressman/President/etc. People would vote for the worst and most corrupt people as long as they're entertaining. I thought this was a "we" problem (as in Eastern European only problem). I thought you Westerners would never do such a thing, because you're civilized, honest, developed and educated. But discovering the putin-Trump-Brexit era of instability... I was surprised how Eastern European Westerners can be. And looking at the UK here, I'm stunned what thieves Brits are... I mean, we have a scandal if a mile of highway costs 15 million EUR/km, meanwhile in the UK they steal billions in one go (e.g. COVID test and trace, they sunk 38 billion GBP in that). Even our worst thieves would blush to steal that much.
It isn't used regularly in the UKm some overpayed unelected Govts tw*t had a brain fart and the govt ran with it. Not sure if its because no one in the govt was smart enough or care enough to note that it actually sound really stupid!😢
As a German I feel the same, maybe even more so because colloquial expressions are seldom used in our poltitics.
Funny thing is, the Brits even founded a "Department for Levelling Up". Its literally the title of the secretary (secretary of state for levelling up, housing and communities, also referred to as the levelling up secretary). I don't know how any politician (especially conservative) thought this was a good idea. How can you be called that and expect people to take you seriously.
As an outsider I only started hearing the term with Boris Johnson. It's was very much in the Trump-like fashion at the time to use simple terms. However the downside is that no one takes it seriously then (since they probably didn't take it seriously as well)
It's a Boris Johnson term that seems to have stuck
Horrendous wastage of tax money across the spectrum, so yeah let's increase tax which the rich don't pay and so will be burdened entirely on the middle class
This is the best journalism I think I've seen from you guys, really getting to the heart of our issues in the UK
This video seems to be primarily focused on England, not the UK as a whole since there's no analysis of Scotland, Wales or NI
Obligatory mentioning that when you put UK in the title and only talk about England and Wales, 1 in 10 viewers in Scotland and Northern Ireland die from fatal eye-rolling.
Obligatory mention that Scotland is the 8th most populous region of the uk. It also has the 4th highest income in other words you are one of the rich regions. Scotland is far closer to the southeast in its income and government investment than the north of England. That has a lot todo with its out sized influence on government policy and its devolved powers. So yeah any mention would have been basically apart from scotland the rest of the uk is getting poorer
I get that there was no data on Northern Ireland so very difficult for them to make comments on there, but not a single word or mention of Scotland is poor indeed.
@@ThePirateParrot So, the only way the UK has a 'north-south divide' is to cherry pick data and ignore ~10% of the UK by population. My point is that this divide is an England issue, pretending Scotland doesn't exist isn't the solution to discussing the issue.
Just a small complaint that the title should mention England rather than the UK.
Every economics graph in America is just pre-Reagan and post-Reagan
Every economics graph in the UK is just pre-Thatcher and post-Thatcher
The real problem in the UK isnt our leaders; its us.
Older generations who have the time, money and energy to affect change are enraptured by rabid consumerism and prefer blaming the young rather than making any positive moves or having an informed political conscience; they were bought off by mortgages and a lifetime of slavery.
The young are obsessed with basic survival and rat racing not realising that all solutions are on some level societal solutions (with self-reliance as a core component).
Not to mention the fact that most of the pop. Is phone addicted, adhd, socially anxious and borderline depressed.
We as a nation need to actually deal with our personal problems and change will happen.
Nice ageism.
You’re the wah wah type we see.
Older generation are the just get on with it.
Older generation grew up with very little, whereas young people, have too much, in fact young people, have far more at a much earlier age.
@@JohnJones-k9d are u serious? Did ure adhd kick in before reading the second or third paragraph. EVERYONE is to blame.
People literally cant think anymore and just miss the point on purpose to live in lala land.
I said 'WE' are to blame and you just gaslight me to say i was blaming the old.
Your brain doesnt work seek help im serious. This is exactly what I am talking about when I say our brains dont work anymore.
This is a 2000 year old problem. Don't think it will be so easy.
A new presenter! And doing a great job too, well done! Good to see some increased diversity in TLDR staff.
She's been here a while
What’s this obsession with diversity! Surely it’s on the merit of the individual that’s important isn’t it?
Please change the title, the whole video just talks about England, very little UK context.
Levelling up inequalities! 🥳
No mention of Scotland or Northern Ireland when the video is titled UK