How the cost-of-living crisis is pushing Britain to the brink

As bankers’ bonuses increase and government action stalls, a new cost-of-living documentary has highlighted the urgency of our country’s wealth gap.

Thred Media
3 min readNov 7, 2023

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The same day that Channel 4 released its new cost-of-living documentary, a cap on bankers’ bonuses was scrapped in the UK.

The irony hasn’t been lost on many, as the reality of many Britons’ living situations — some living on just £1 a day — ignited outcry on social media and demands for another referendum.

The inevitable rise in bankers’ wealth isn’t the only blood-boiling irony, though. While Channel 4 shared the documentary to shed light on the severity of Britain’s poverty levels, the media broadcaster has done little to improve the situation itself — despite have the financial and social power to do so.

Earlier this year, the broadcaster’s annual report exposed bosses for declining staff pay rises, despite the impacts a cost-of-living crisis was having on employees.

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Thred Media
Thred Media

Written by Thred Media

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