In a column in today’s Guardian by Polly Toynbee, on what would happen if a natural disaster hit the UK:
- Poor London victims would also have nothing more than the clothes they stood in. Nationally 27% of people have no savings, not one penny; 25% of the poorest have at least ??200 in debts, which would track them down to their refugee camps; 12% of households (many more individuals) have no bank account – even for those with basic accounts, banks never lend so much as a bus fare to those who most need it. A quarter of households have no insurance; they would lose everything.
And this is the economic model that Blair and others are selling as a recipe for the rest of the EU? Forget it.