Agreed, I’d not put too, too, much weight on the World Bank and their purchasing power parity calculations but still. We’re asked a question and it’s worth trying to provide an answer:
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It’s clear that the government wants to pursue radical de-regulation on everything from worker to environmental, social and financial protections. Their goal is Singapore-on-Thames where they can show contempt for international norms and standards on every imaginable issue, and depart from previously hallowed ground on matters such as the NHS.