Despite George Osborne, the Chancellor of the Exchequer's much repeated mantra about about "all being in this together" as far as economic difficulties are concerned, recent research by economists at the London School of Economic Research at the University of Essex exposes that as total nonsense. 'According to independent research to be published on Monday, and seen by the Observer George Osborne has been engaged in a significant transfer of income from the least well-off half of the population to the more affluent in the past four years. Those with the lowest wages have been hit hardest.' (Observer, 16 November) RD
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