The Daily Populous

Tuesday December 3rd, 2019 evening edition

image for UK's six richest people control as much wealth as poorest 13m – study

The UK’s six richest people control as much wealth as the poorest 13 million, according to research into the gaping inequality in British society.

The estimates are based on wealth reports produced by Forbes magazine and Credit Suisse.

At the other end of the scale, the Equality Trust estimated that about 14m people in Britain live in poverty.

Four million of these are said to be more than 50% below the poverty line and 1.5 million are destitute.

“This report should shock anyone who cares about the state of the UK today,” said Dr Wanda Wyporska, the executive director of the Equality Trust.

Such extreme wealth in the hands of so few people demonstrates just how broken the economic system is.

“Behind the numbers, the UK’s extreme inequality is the story of Ferraris and food banks. »

Newark sues NYC Mayor Bill de Blasio over sending homeless families to New Jersey

Authored by
image for

Newark is taking New York City Mayor Bill de Blasio to court to stop a controversial program that sends homeless families to live in often-uninhabitable conditions in New Jersey, new court records show.

The special one-time assistance program relocates NYC homeless families across the country with a full year’s worth of rent paid up front.

More than 2,200 families have been placed in 62 New Jersey towns with 1,198 in Newark alone. »

Trump, Who Slashed Taxes by $1.5 Trillion, Is Pushing Cuts to Food Stamps

Authored by
image for

Alongside the wonkery, there are also a lot of experts arguing over whether the people losing benefits really deserved to have them to begin with.

There are two main arguments conservatives have marshalled in support of food-stamp cuts, and they’re both dishonest.

When it’s time to spend a fraction of that to help poor people eat, that’s when the well has supposedly run dry. »

Trump border wall $400 million contract handed to company owned by Republican donor who promoted firm on Fox News

Authored by
image for

A construction company owned by a Republican donor has been given a $400m (£308.5m) contract to build sections of Donald Trump’s border wall.

Trump prototypes for Mexico border wall demolished in California Show all 20 left Created with Sketch.

Trump prototypes for Mexico border wall demolished in California 1/20 The prototypes for President Trump’s border wall are being demolished. »