Low-income households in London are facing an additional burden of more than £600 a year to access standard goods and services, research suggests. The study by Fair by Design, external, funded by Trust for London, found affected families in Peckham pay an average of £493 more annually than wealthier households for identical items. This “poverty…
A lawsuit filed in California last month offers a modern-day David-versus-Goliath tale that casts the world’s largest automaker, Toyota Motor, in the role of the giant battling against a shoestring operation in Africa — but with a twist. The legal fight is not about some top-secret new automotive technology or significant sums of money. It…
It’s a common refrain: The middle class is hollowing out; Americans overall are increasingly falling short financially while a few are getting exceedingly rich. There’s even a scoreboard of inequality. We’ve persuaded ourselves that many families can no longer achieve the American middle-class dream the way their parents once did. It’s a political hot button,…
The donor-advised fund affiliated with Charles Schwab, DAFgiving360, has suspended account holders’ ability to give money to the Southern Poverty Law Center, a civil rights group. Last week, the Justice Department indicted the group and accused it of financial crimes. This week, the donor-advised funds that bear Fidelity’s and Vanguard’s names also cut the group…
Last month, at a luxury hotel near Miami, bill collectors from energy companies around the country gathered to talk shop. The three-day conference included headshot sessions and cocktail receptions sponsored by credit reporting and debt recovery agencies. During one seminar, representatives from utilities in New York spoke about how they had banded together to influence…
A Grand Jury in Montgomery, Alabama, today returned an indictment charging the Southern Poverty Law Center (SPLC) with 11 counts of wire fraud, false statements to a federally insured bank, and conspiracy to commit concealment money laundering. The United States Attorney’s Office for the Middle District of Alabama Northern Division filed two forfeiture actions to…
Shorouk Express Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Today’s workers are at a greater risk of poverty in old age than their parents, experts warned, as the UK looks to revive a…
Shorouk Express Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email The Children’s Commissioner has warned some young people in England are living in an “almost-Dickensian level of poverty” as a new report reveals…
Shorouk Express In this week’s Inside Spain we look at how the country has Europe’s second highest poverty rate passed on from grandparents to grandchildren, and how Ryanair has begun to make good on its threats of cancelling routes to smaller regional airports. Spain leads the European rankings for inherited poverty, which according to experts…
