Protest in London
Several tens of thousands of people are taking part in a protest march in central London on Saturday amid Britain's mounting economic crisis. The protesters, broadcast by Sky News television, are demanding that Boris Johnson's government take more decisive action to support the population.
According to Trades Union Congress (TUC) calculations, salaries in the United Kingdom have remained virtually unchanged for almost 15 years, leading to a reduction in real income in the face of inflation.
What's more, the union reported that every working Briton has been short by an average of around £20,000 since 2008 as wage increases have been minimal compared to the rate of inflation.
The march started from Portland Place at 12 noon. It is worth noting that rail workers are also among the protesters, who are staging their biggest strike in 33 years next week after industry companies decided to freeze pay rises for employees and lay some of them off.
Earlier, the Centre for Economics and Business Research in London released a report warning that the UK is at risk of facing the biggest fall in living standards since the 1950s. At the end of April, annual inflation in the UK had accelerated to 9%, the highest rate in 40 years.