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Britiain's Economy is Broken - Archbishop

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Britiain's Economy is Broken - Archbishop

 

The Archbishop of Canterbury has called for fundamental change in the way Britain’s economy is run, as a new report reveals that UK growth is funding business profits as workers’ wages stagnate.  The research by the IPPR Commission on Economic Justice - of which Archbishop Justin is a member - found that although GDP per head has risen by 12% since 2010, average earnings per employee have fallen by 6%. According to the think tank’s analysis the share of national income that has gone on wages has gradually declined since the 1970s, from 80% to 73%, while the share going to profits has increased.

https://www.theguardian.com/business/2017/sep/05/uk-economic-model-archbishop-of-canterbury

https://www.politicshome.com/news/uk/news/88701/archbishop-canterbury-britains-economy-%E2%80%98broken%E2%80%99