6th Richest Country in the World?

Opinions vary though. The DWP (in 2024) say this:
  • In financial year ending (FYE) 2024, there were 2.72 million children aged 0 to 15 (22%) in families in Relative low income and 2.34 million children aged 0 to 15 (19%) in Absolute low income families across the United Kingdom
And even accepting your figures, £23,900 per year after housing costs, is £460 per week. Of course that's far from rich, you could even say far from comfortable. But poverty? I find it hard to believe that a family of 4 cannot heat, feed and clothe themselves and their 2 kids for £460 per week. You can feed everyone for less than £100 per week.

(My point was exclusively about child poverty)
If you think you can feed a family of 4 for less than a £100 you’re fucking deluded.

And this is from a family of 3 who eat proper food, home cooked meals all week.

You show you’re so out of touch with reality each passing day.
 
And, BTW the above list is in order. Richest per capita (and in purchasing power terms) at the top. What shocks me is which countries in Europe are better off than us.

Ireland
Norway
Denmark
Switzerland
Netherlands
Iceland
Austria
Sweden
Germany
Belgium
Finland
France
Italy
Spain

What a ****ing mess.

You can't be missing the irony that the vast majority of the 'doing better countries' in Europe are closer to Corbyn than we are politically.

Its a bit rich(pun intended) to complain that as a country ruled by less socialist governments we are doing worse than more socialist ones in Europe.
 
The UK is held up by London, and in particular it's finance sector.

I saw a stat last year, and I could be a little off here, but it basically said if you took the GDP of London and it's greater areas out of the entire UK GDP equation, the GDP per capita of the UK would be on par with the GDP of the poorest states in the USA.

That's why there is a London bubble, and what they see inside it doesn't represent the rest of the UK.

I have family members who are quite well off who live in the home counties and work out of London, and you can tell the political world and vision of the UK is a million miles off what I see up here in Manchester,
 
A Labour leaflet mate?
I'm convinced. ;-)
In fact Blair's record on poverty is more nuanced than I originally stated so my bad.
In fact he did reduce Child poverty but not to the level of New Labours targets. It was back up to the same level he had inherited a year after he was out of office. Other categories of poverty actually increased under him (for example single working adults). The proportion of wealth held by the top 5% actually increased under NL so he did very little to address inequality. The major increases in poverty as a whole came under Thatcher and have been maintained more or less since.
 
I'm not sure I follow you. If someone is paying 45% income tax and 2% so a marginal tax rate of 47% and the government were to decide to increase that so say 50% and 2%, whilst at the same time not increasing the basic rate at all, then no, I think the top rate tax payers would have every right to be complaining about it.

Rarely, but I used to pay that rate in some exceptional years (I no longer do since I've retired) and I can tell you it was fucking galling to see half my pay gone in tax and NI. I can't imagine being anything other than fucking furious had they increased it even further, whilst no-one else was taking any pain.

But ditto, if the basic rate had to go slightly up then I'd have no issue with the higher rates going up slightly as well (not that I pay it, as I say). Ironically I don't think raising the top rate would generate any additional tax revenue but it would not look fair, politically, to leave it untouched.
Between £100k and £125k the marginal tax rate is actually 60% due to the loss of the personal allowance. This still affects you if you earn above £125k, thats why everyone on these salaries sticks it in their pension and uses it up on salary sacrifice perks.
I would say the loss of the personal allowance is the most impactful rather than the higher rate of tax. If they just increased the tax slightly, I would be more inclined to take it as paid and not bung it in my pension, which would mean they got more out of me.
 
Last edited:
You can't be missing the irony that the vast majority of the 'doing better countries' in Europe are closer to Corbyn than we are politically.

Its a bit rich(pun intended) to complain that as a country ruled by less socialist governments we are doing worse than more socialist ones in Europe.
Vast majority closer to Corbyn? What nonsense. 2 or 3 perhaps.
 
If you think you can feed a family of 4 for less than a £100 you’re fucking deluded.

And this is from a family of 3 who eat proper food, home cooked meals all week.

You show you’re so out of touch with reality each passing day.
Well I suppose your fillet steaks would eat into it a bit. We are talking about poverty, not whether the chateaubriand is up to snuff.

Pull together for me a costed shopping list for food for a family of 4 (2 kids) for £100 or less for the week.

ChatGPT said:​

Here’s a costed shopping list for a family of four (2 adults, 2 kids) aiming to feed everyone for a week on £100 or less. This plan focuses on prudent but healthy eating, avoiding processed junk while keeping costs down. It includes breakfasts, lunches, dinners, and snacks.

Weekly Shopping List (£97.65 total)

CategoryItemQuantityEst. Price
Fresh ProduceCarrots1.5kg£1.25
Potatoes2.5kg£1.99
Onions1kg£0.85
Broccoli2 heads£1.60
Apples6-pack£1.40
Bananas6£1.20
Cucumber1£0.70
Tomatoes (salad)6-pack£1.25
Peppers (mixed)3-pack£1.45
DairyMilk (semi-skimmed)2 × 4 pints£3.00
Cheddar cheese400g£2.50
Butter (or spread)500g£1.89
Yoghurts (multi-pack)6-pack£1.80
Meat/FishChicken thighs (skinless/bone-in)1.2kg£4.50
Minced beef (5–10% fat)750g£3.75
Sausages (good quality)8-pack£2.50
Tuna (in brine)4-pack£3.25
Store CupboardPasta2 × 500g£1.20
Rice (long grain)1kg£1.25
Baked beans4-pack£1.50
Tinned chopped tomatoes4-pack£1.80
Lentils (tinned or dried)1 × 500g/tin£1.10
Passata1 × 500g£0.75
Oats1kg£1.30
Flour (plain or self-raising)1.5kg£1.15
Stock cubes1 pack£0.90
Cooking oil (vegetable/sunflower)1L£1.75
Sugar (for porridge & baking)1kg£1.00
Tea bags80-pack£1.30
Coffee (basic instant)100g£1.60
Bread/CerealWholemeal bread2 loaves£2.10
Cereal (cornflakes or similar)750g£1.30
FrozenFrozen mixed vegetables1kg£1.40
Frozen peas1kg£1.30
Frozen fish fingers10-pack£2.40
Oven chips1.5kg£1.80
ExtrasEggs (medium, free-range)12£2.30
Biscuits (digestives or similar)400g£0.75
Jam or peanut butter340–454g£1.25

✅ Total: £97.65​

Rounded prices based on average UK supermarket own-brand options (e.g. Aldi, Lidl, Asda, Tesco).
 
Child poverty is all comparative. Compared to a child dying of hunger in a third world country, they are not living in poverty. Compared to some of their better-off counterparts here in the UK, they are living in poverty. It's sinful the conditions some of our children are expected to endure, there's enough material and reportage out there to confirm this. My girlfriend is a primary school teacher, each Christmas she buys at least three of the children in her year presents, not much, but a bit of something. Because they have nothing. Literally fuck all. I don't remember this being the case when I was a child, and I grew up in a happy but working-class household. So something has gone drastically wrong somewhere.

Most wouldn't begrudge paying more tax if it improved public services and gave more resources to welfare. Myself personally? I could give a fuck if £10 extra came out of my taxes each month to fund this. And many would feel the same. But let's not pretend the ultra-rich, i.e corporations and fans of offshore havens are paying their fair share. Because they're not.

Tax is only fair if it's commensurate across the board.
I agree with you but £10 a month is a drop in the ocean. Just 2p on the basic rate if income tax for someone on average wage is about £40.
 
Well I suppose your fillet steaks would eat into it a bit. We are talking about poverty, not whether the chateaubriand is up to snuff.

Pull together for me a costed shopping list for food for a family of 4 (2 kids) for £100 or less for the week.

ChatGPT said:​

Here’s a costed shopping list for a family of four (2 adults, 2 kids) aiming to feed everyone for a week on £100 or less. This plan focuses on prudent but healthy eating, avoiding processed junk while keeping costs down. It includes breakfasts, lunches, dinners, and snacks.

Weekly Shopping List (£97.65 total)

CategoryItemQuantityEst. Price
Fresh ProduceCarrots1.5kg£1.25
Potatoes2.5kg£1.99
Onions1kg£0.85
Broccoli2 heads£1.60
Apples6-pack£1.40
Bananas6£1.20
Cucumber1£0.70
Tomatoes (salad)6-pack£1.25
Peppers (mixed)3-pack£1.45
DairyMilk (semi-skimmed)2 × 4 pints£3.00
Cheddar cheese400g£2.50
Butter (or spread)500g£1.89
Yoghurts (multi-pack)6-pack£1.80
Meat/FishChicken thighs (skinless/bone-in)1.2kg£4.50
Minced beef (5–10% fat)750g£3.75
Sausages (good quality)8-pack£2.50
Tuna (in brine)4-pack£3.25
Store CupboardPasta2 × 500g£1.20
Rice (long grain)1kg£1.25
Baked beans4-pack£1.50
Tinned chopped tomatoes4-pack£1.80
Lentils (tinned or dried)1 × 500g/tin£1.10
Passata1 × 500g£0.75
Oats1kg£1.30
Flour (plain or self-raising)1.5kg£1.15
Stock cubes1 pack£0.90
Cooking oil (vegetable/sunflower)1L£1.75
Sugar (for porridge & baking)1kg£1.00
Tea bags80-pack£1.30
Coffee (basic instant)100g£1.60
Bread/CerealWholemeal bread2 loaves£2.10
Cereal (cornflakes or similar)750g£1.30
FrozenFrozen mixed vegetables1kg£1.40
Frozen peas1kg£1.30
Frozen fish fingers10-pack£2.40
Oven chips1.5kg£1.80
ExtrasEggs (medium, free-range)12£2.30
Biscuits (digestives or similar)400g£0.75
Jam or peanut butter340–454g£1.25

✅ Total: £97.65​

Rounded prices based on average UK supermarket own-brand options (e.g. Aldi, Lidl, Asda, Tesco).
Where’s the hygiene and cleaning products? Have this poor family the correct equipment to cook all these ingredients?

100g of coffee won’t last too long if 2 adults are having 4 each a day?

Show me the good plan for the week, those chicken thighs won’t stretch too far between 4.

Nothing sweet for the kids but I guess these little urchins can make do with jam on toast eh?

You’ve just bought 12 total pieces of fruit for a family of 4 for 7 days, when 1 each would require 28, not sure I’d call that too healthy either.

And all that freezer stuff will go off if the freezers broke and they can’t afford a new one.

See that’s the reality of being poor, it’s not like AI or ChatGPT really think.

I’ve just done a basic weekly shop at Aldi for the 3 of us and it was just over £100, no cleaning products required this week either. So for some of the families I know or who my wife works with £100 to spend weekly would be luxury.
 
Where’s the hygiene and cleaning products? Have this poor family the correct equipment to cook all these ingredients?

100g of coffee won’t last too long if 2 adults are having 4 each a day?

Show me the good plan for the week, those chicken thighs won’t stretch too far between 4.

Nothing sweet for the kids but I guess these little urchins can make do with jam on toast eh?

You’ve just bought 12 total pieces of fruit for a family of 4 for 7 days, when 1 each would require 28, not sure I’d call that too healthy either.

And all that freezer stuff will go off if the freezers broke and they can’t afford a new one.

See that’s the reality of being poor, it’s not like AI or ChatGPT really think.

I’ve just done a basic weekly shop at Aldi for the 3 of us and it was just over £100, no cleaning products required this week either. So for some of the families I know or who my wife works with £100 to spend weekly would be luxury.
I said food not cleaning products. And ok so say it's £150. That still leaves £310 per week on other stuff. Luxury? No of course not. Quite a struggle I would imagine. But it's not begging in the street with holes in your shoes either.

The £460/week was not my figure. It's the idiotic figure provided by some lefty organisation defining "poverty' as £460/week or less.

Anyway enough. This thread was about us NOT being the 6th richest country in the world.
 
I'm not sure I follow you. If someone is paying 45% income tax and 2% so a marginal tax rate of 47% and the government were to decide to increase that so say 50% and 2%, whilst at the same time not increasing the basic rate at all, then no, I think the top rate tax payers would have every right to be complaining about it.

Rarely, but I used to pay that rate in some exceptional years (I no longer do since I've retired) and I can tell you it was fucking galling to see half my pay gone in tax and NI. I can't imagine being anything other than fucking furious had they increased it even further, whilst no-one else was taking any pain.

But ditto, if the basic rate had to go slightly up then I'd have no issue with the higher rates going up slightly as well (not that I pay it, as I say). Ironically I don't think raising the top rate would generate any additional tax revenue but it would not look fair, politically, to leave it untouched.

You seem to concentrate on those richer people who do actually pay their tax, I think most as a starting point would like to see those rich who don't pay tax cough up.

Higher rate paye tax payers wouldn't be top of the list.

Corporations business owners and the self employed are though.
 
Higher rate paye tax payers wouldn't be top of the list.

Corporations business owners and the self employed are though.
My sister is self employed and has paid vastly less tax than me. Seriously vastly less by paying herself mainly in dividends and other ruses.

But to be honest, I think that's fair. I had the relative security of a job that paid me every month (ok, so sometimes there was a lot of pressure and threats of the sack or redundancy). Nothing like the pressure of having no fixed income, nor not earning anything when taking a holiday. People need to be given incentives to start businesses Vs just doing a 9 to 5 job.

Regards corporations, as I said above, wouldn't it be nice if we could attract corporations to try to pay their taxes in the UK rather than e.g. the Cayman Islands. Perhaps if we didn't try to fleece them, they'd actually want to pay it here rather than elsewhere.
 
Which European countries you listed would you say are more right wing than the Tories for example ?
Tune change or what. You said politics similar to Corbyn, now I have to find ones more right wing than the Tories??? Which is not the same thing at all. No, I'm not playing that game.

You list the majority of them that you claim have similar politics to Corbyn. It was your claim not mine.
 
Reading Corbyn's opening sentence in his Your Party letter, he tries the usual trick of trying to con everyone how rich we are, and what a travesty it is therefore that we have 4.5m children, because that's more emotive than adults - living in poverty.

Well let's debunk this for a moment. What do the following countries have in common?

Singapore
Luxembourg
Ireland
Macao SAR
Qatar
Norway
Brunei Darussalam
Guyana
United States
Denmark
Switzerland
Netherlands
Iceland
Austria
Hong Kong SAR
Sweden
Germany
Belgium
Finland
France
Canada
Australia
Japan
New Zealand
Italy
Israel
Spain

Any idea? They are ALL better off than we are. In raw GDP terms we may be 6th but that's because we are a relatively populous country. But when to look at GDP per capita, we are 18th. Worse, goods and services are in the UK more expensive than elsewhere. So when you consider what the average person in the UK can actually afford, we are 28th. 28th not 6th.

(And we don't have 4.5m children living in poverty. Poverty is NOT earning less than a 60% a median. Or else someone on £1m a year in Monaco is living in poverty. And the numbers living in poverty DECREASE if median earnings decline... Which is plainly nonsense. The numbers in actual real poverty, like shortage of food or clothing, is between 1m and 2m. Still way too many but not as sensational an argument as claiming it's 4.5m)
I'd argue Corbyn's sentence is right, in terms of "richness" because the UK is 6th on the National Net Wealth index, a better indicator of national wealth than GDP (which also happens to be 6th for the uk). This represents the total value of the state's residents and is assets minus liabilities.

It's just household wealth and not gov debt so is actually quite a good indicator of national wealth, especially when taken into context with GDP and GDP-PPP (but not always, have to be cautious)

If you have high national wealth (uk 6th) and poor purchase power parity gdp (uk 28th), then somethings wrong, possibly poor economic activity or disparity in wealth distribution....

The poverty thing i don't know.
 
Which of these countries could be said to have governments with politics broadly as left wing as those of Jeremy Corbyn:

[List of European countries richer than us]

ChatGPT:
"Of the countries you listed, none have governments as broadly and consistently left-wing as Jeremy Corbyn's political platform during his time as UK Labour leader (2015–2020)."

(Not wanting to spam the thread, I will PM you the detailed breakdown if you want)
 
My sister is self employed and has paid vastly less tax than me. Seriously vastly less by paying herself mainly in dividends and other ruses.

But to be honest, I think that's fair. I had the relative security of a job that paid me every month (ok, so sometimes there was a lot of pressure and threats of the sack or redundancy). Nothing like the pressure of having no fixed income, nor not earning anything when taking a holiday. People need to be given incentives to start businesses Vs just doing a 9 to 5 job.

Regards corporations, as I said above, wouldn't it be nice if we could attract corporations to try to pay their taxes in the UK rather than e.g. the Cayman Islands. Perhaps if we didn't try to fleece them, they'd actually want to pay it here rather than elsewhere.

So let me get this right you think certain groups shouldn't have to pay the legally due tax because they took a risk? You think companies are getting fleeced but would turn into nice people if we didn't ask for as much tax? You also think that that higher rate tax payers shouldn't pay much more if any.

So who is actually gonna pay anymore ?and if I change my job tomorrow I presume I can pay no tax at my own whim if I think it's into a risky business coz I might lose my job.

Kinnell fella:-)
 
Where’s the hygiene and cleaning products? Have this poor family the correct equipment to cook all these ingredients?

100g of coffee won’t last too long if 2 adults are having 4 each a day?

Show me the good plan for the week, those chicken thighs won’t stretch too far between 4.

Nothing sweet for the kids but I guess these little urchins can make do with jam on toast eh?

You’ve just bought 12 total pieces of fruit for a family of 4 for 7 days, when 1 each would require 28, not sure I’d call that too healthy either.

And all that freezer stuff will go off if the freezers broke and they can’t afford a new one.

See that’s the reality of being poor, it’s not like AI or ChatGPT really think.

I’ve just done a basic weekly shop at Aldi for the 3 of us and it was just over £100, no cleaning products required this week either. So for some of the families I know or who my wife works with £100 to spend weekly would be luxury.

In fairness the banana cheese tuna in brine and lentil pie wirh jam on top sounds lovely:-)
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top