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PRIVACY
Economic Development

Chris Game: Lower expectations but financial hardship still grows

Chris Game examines the sobering results of a new study into poverty and looks at how people are realigning their thinking in the midst of the economic downturn.

The Sparkhill Foodbank opened in 2012

Chris Game examines the sobering results of a new study into poverty and looks at how people are realigning their thinking in the midst of the economic downturn.

Oysters, in mid-Victorian England, were known as the poor man’s protein. “Poverty and oysters always seem to go together”, as Sam Weller observed in Dickens’ The Pickwick Papers.

They were widely available, cheap, and eaten literally by the barrel-load.

Today, a single Loch Fyne oyster can cost £2.25, and a dozen will set you back about £20 – a useful reminder that poverty is most informatively understood and measured as a relative concept: relative to a particular time, place, and context.

Earlier this year,  between the rich and poor, and how Birmingham was now the second most unequal city in the second most unequal country in the EU.

I knew at the time that the Poverty and Social Exclusion (PSE) research project, the largest poverty study yet undertaken in this country, was near completion, but no details were available.

Now they are – in an Economic and Social Research Council report aptly entitled, The Impoverishment of the º£½ÇÊÓÆµ – and, while they don’t make for comfortable reading, they’re both illustrative of that previous article and indisputably important.

Among the report’s headline findings are that: