How’s the UK doing?

How’s the UK doing now that has been properly governed by the pro-Hamas Labour Party for half a year? On track for success?

The last 20 years or so don’t seem to have gone well for the Brits. “Young women are starting to leave men behind” (Financial Times, September 2024) was supposed to be a feel-good story about equity (defined as “victimhood group does better than oppressor group”), but mostly the data seem to show that young people of all gender IDs earn less today than they did in the 2000s (after adjusting for the inflation that the government says doesn’t exist):

Maybe it is better in immigrant-rich London than in the left-behind Brexit parts of the UK? The Financial Times data nerd says that Londoners have gotten rich… Londoners who are landlords. Most of the urban hamsters spin on their wheels: “Londoners’ higher salaries relative to the rest of the country are ~entirely consumed by higher housing costs. 15% higher household incomes become ~0% higher after mortgage, rent etc”

All of that leads to something that I think is often under-appreciated outside of the capital:

Londoners’ higher salaries relative to the rest of the country are ~entirely consumed by higher housing costs.

15% higher household incomes become ~0% higher after mortgage, rent etc pic.twitter.com/oPkub0TNBT

— John Burn-Murdoch (@jburnmurdoch) April 21, 2023

Low-skill immigrants make a country rich. The UK has been at record levels of low-skill immigration for about 20 years. Now that the correct party is in power, is the UK rich or getting rich?

Related:

• Rape gang question: Why did the British imagine that they could build an Islamic country without traditional Islamic cultural practices?
• and on the European mainland… “WWII Allies refused to destroy Germany — now it’s ruined itself with leftist policies” (New York Post, Jan 5): The German economy actually shrank in 2023. … More than 1 million immigrants have entered the country illegally, the vast majority of them from the Middle East.