Wednesday, February 27, 2013

British Middle Class slides into poverty as austerity ramps up (VIDEO)







Britain's squeezed middle classes are bearing the brunt of the country's struggles to revive the economy.

A study shows tax hikes are leaving them 280-pounds a year worse off - and more than half of them have no savings to fall back on.

It means major lifestyle changes for many, as Sara Firth explains.


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