Tuesday, May 07, 2013

Not So Shocking

Workers often have to borrow in order to get by from day to day, but now we learn many have to do so just to get something to eat. 'One in five UK households borrowed money or used savings to cover food costs in April, a Which? survey says. It suggests the equivalent of five million households used credit cards, overdrafts or savings to buy food. The consumer group tracks the spending habits and behaviours of 2,000 people every month. Which? boss Richard Lloyd described the findings as "shocking". (BBC News, 5 May) Mr Lloyd may be shocked, but socialists find it no surprise. RD

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