Recovery? What Recovery?

The Chancellor of the Exchequer may speak encouragingly about an economic recovery but for millions of workers this is a complete sham. 'Up to four million Britons who display signs of having run up 'problem debts' are underestimating the seriousness of their situations, Stepchange has said. The debt charity conducted a survey that found as many as 15 million people in the UK have run into problems that mean they're having to rely on credit cards or overdrafts to get them to payday, or are falling behind on household bill payments. ...... This follows a study by Shelter released last week that found that around a million Britons had used payday loans to cover essential payments like mortgage or rental costs.' (Daily Mail, 20 January) When even a right wing government supporter like the Daily Mail can report this poverty the Chancellor's words do not ring true. RD