Why is the UK the Richest and Poorest of Europe? 

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Do not sell me masterwork. You know it is a scam. Some people trust you and will buy a scam because of you

Poland is not a developing country. Referring to Poland as a developing country overlooks advancements and the progress it has made since the fall of communism. Poland is recognized as one of the leading economies in Central and Eastern Europe. It is classified as a high-income economy by the World Bank with diverse and industrialized economy. Calling it such is extremly inappropriate and misleading.

It’s the UK’s fault that they deindustrialized and put their focus on the financial sector.

Japan has a very good tax scheme called “Furusato Nōzei” or “Hometown Tax”. What this does is enable taxpayers to redirect their income taxes away from where they actually live to any tax municipality they like. Tax municipalities compete for taxpayers by offering local products and services for up to 30% of the tax paid. For example, if a Londoner redirects £10000 of his tax payments to municipality A then municipality A can gift the tax payer up to £3000 worth of local cheese. This scheme is such a success in Japan and it’s enabled income tax receipts to be distributed out of Tokyo, the capital. The scheme has also inspired municipalities to put on public relations campaigns to better communicate themselves, their goods/services, and their values, the better to compete against other municipalities for more tax receipts.

Germany did it right. Make world-class stuff and export it around the world.

Poland is not a middle income developing country its literally categorized as high income developed since the early 2000s by the world bank.

UK has over 17,000,000 House Shortages . This is the biggest issue in the UK right now

I live on the east Kent coast, I can assure you, it’s not rich. There is homelessness, poverty and destitution in many places in the south east of England.

What the USA & South Africa learned from Britain, is Inequality.

I don’t think comparing the UK to the US makes much sense as the US is a much bigger and diversified economy. The U.S. has 4-5 regions that are engines of economic activity while the UK only has one. Also, labor mobility is very high in the US: if you can’t stomach New York rents you can move to the Midwest and get a good job that you still come out ahead. In the UK once you move out of London your prospects really scale down significantly.

Did he just call Poland a developing country?

The issue is Greed

Property bubble sucked life out of any country, UK especially stifles income growth, mobility, productivity and increases wage gap, assets accumulation in hands of already rich,

Why is he keep talking about Northern Europe while showing the map of Western Europe?

Hahah Slovenia is NOT some third world country.. we live like kings in ur England...

The top 1% of UK earners make around 180k. Your video says that they make 1700k for every dollar someone in the bottom 90% makes? That's total garbage

Ok, so I knew Charleroi (the region you ranked 9th poorest ) was bad, but I still thought they'd be ahead of the bordering regions in Northern France. That's a bit of a shock. Direct concequence of the Walloon region having zero responsibility to balance their budget, of course, but still surprising to me.

You’d be a good partner with Jay Foreman at explaining this.

Living less people in Norway. And they have extreme fund with oil and gas money.

This makes out like if you dont live in London you're visiting food banks. Its quite the opposite. Move out of London and get a job anywhere else and youll be able to afford a home and save. Scotland has some very affordable safe and good places to live where an average salary will give you a home and a good life.

The UK has many problems, but the biggest is the lack of housing. This has led to very high property prices and rents. These in turn make it extremely hard for people to move from the poorer areas to places where the jobs are. The current huge wave of immigration makes the problem even more intractable.

Not all of London and the South East is rich!, nore is all of the North and Midlands poor! Yeah, London and the South East get more government money than the rest of the country, but the rest of the country still had its fare share of wealth. In my opinion, the government needs to stop over spending on the South East and start spending the money they get everywhere else in the country!

Masterful Ad Sneak by Masterwork.

This makes no sense to me. You can get a house in northern parts of Britain quite easily compared to the south because house prices are much lower. Try buying a basic 2 bedroom house in the South East on less than a £60,000 salary..... you will struggle in most parts of the South East. If anything, you are poorer in the South East because most people in the UK earn less than £35,000, which doesn't go as far in the South.

Why does everyone keep saying negative things about 🇬🇧😭😭😭

Just had an argument about this with a friend who wants to move to UK: even though the GDP/Capita is higher, here we pay 4-500 euros for renting a 3 room 2 bedroom apartment, or you can buy a 1 br apartment with 50-60k euros, which for programmers or office workers is doable. I know that life for the average person sucks, but it also does in the UK. There is also another thing, you pay 1M pounds for a house in London and you can't even choose what colour it will be? The weather is worse, I think that in 20-30 years it will be a no brainer to return to Romania, as a lot of people from Spain/Italy did

Saying like Slovenia and Poland aren’t one of the best places to live

Poland: "Hello there."

I have a Spanish client in Poland with his two teenage children and life is very good there for his kids but hard for him mainly because his wife is based in Madrid as a public school teacher and can't relocate to be with him. From everything I've seen, the UK overall is much worse off for the average person than Poland.

Something people miss is doing business anywhere in the UK almost always looks like you're doing at least some business within London.

Not everyone in London is rich. It's got more than its fair share of poverty. Mostly imported. And, not everyone in the North is poor. Factor in the price of houses or rent and any increase in wages in London are soon negated. £ 700,000 wouldn't go far in London, in the north you'll live like a king. My friends father owns a house in Gujerat, India. It's huge, has four floors, looks more like a small hotel, and sits in extensive gardens. In England, he's not particularly wealthy but in India... Wealth is relative.

i noticed that the politicians in the uk are more elitist than in other countries they just seem to not really interact much with average people and are focussed on very random issues like fox hunting and don't take criticism well

The problem is that because the infrastructure and services are privately owned, the rich are getting richer by passive income. Interest without taxes mean they make money just by owning something that makes money. The problem is they aren't taxed properly or fairly.

When was the UK the richest country on the world? 150 years ago?

Stop falling into the GDP fallacy. GDP = the wealth of the 1%. 🙄

Calling Poland a developing country is insane. They might be the best country for young people in Europe. And before any comment of bias Im portuguese. I have no stakes on this.

Okay but that thumbnail is a lie as someone who lives in Birmingham you are very wrong

Imagine stealing from other countries only to found out that your own country is being stolen

No more loot from the colonies.

This is an eye-opening video, I didn’t realize the level of poverty people in the UK (outside London) were living in these days. Thanks for this informative video.

Man did dirty to Poland 😅

All the money made in Scotland goes to London, hence why they are the 1% super wealthy and in Scotland many are poor. Its why we need independence in Scotland.

Need to get those Ps up. Both the money and the pronunciation of the letter.

Its a Bulgaria with London tacked-on.

America is the same in a way.😮😮😮

The south east still includes all the inner london and outer london poverty, Medway, pretty much all of Thurrock (especially Tilbury), anywhere else on the Thames estuary, Thanet, Luton, Basildon, Slough etc The workers for the wealthy and the workers who keep things running still need to be housed somewhere

You are right about London's inequality, but it seems to me that this is nothing compared to the inequality and influence between Moscow (even higher in wealth than London) and the rest of Russia!!! Most likely, this is due to the imperial past of the British and Russian Empires, and then the USSR! Therefore, we can say that the UK has a lot in common with Russia!

London might be the most affluent part of the UK but I wouldn't live there if you gave me a free mansion in Mayfair!

50 families got 50% of UK economic?😱😱😱 I can't believe it!

Great content, thanks

starts with a withmongering bs, do better!

Its hard to see the UK to be skrewed over by incompetentce. Once the greatest nation in the world.

Let me fix it. London is the richest, and rest of the UK will be the poorest of Europe.

I mean, if the UK kept importing on a massive scale low-to-no-skills workers starting from the 90s, what is to wonder that the average income went down from the 90s? Also, spamming welfare and benefits on perfectly able-bodied people that will then have no incentives to find stable legal jobs did not help either.

Massive correction. The referendum in 1975 was not to "enter the European Union". It was a referendum to confirm a decision the government had already made to enter the "European Economic Community" which was not a political union at the time

The real problem the UK is facing is that UK pension funds are not investing in developments in the UK in favour of foreign developments which have much higher returns hence the situation you are presenting seems much worse than it is. The EU didn't do anything about it - normally it is famous for random developments in the middle of nowhere - hence Brexit. One of the factors you may want to consider in further analysis is the economic equivalent of "goodwill" which makes up 90% of the value of an accountancy business. How much more investment would it take to catch up to the UK's level of development and how much does that affect the quality of the citizen's lives? Sure, the UK is like Mississippi but that's not a such a bad thing imho.

Stop posting BS and belittling countries like Poland! This is not the 70s! Poland's percapita, wages, employment, productivity, and many other indicators are far better than UK's. Go figure.

What are the names of the numbered places, is number 6 birmingham?

The video is good but pls don’t advertise such a weird investment business

5:49 "Today the UK is the most unequal rich country after the US" What a weird coincidence the two countries speaking the most learned language in the world and takes in the most amount of immigrants are the most unequal. If only they didn't do that pesky privatisation those immigrants would be rich!

It's really sad that whenever talking about gdp countries from central Eastern Europe serves as an example of failure, poverty and are treated with contempt.

The distribution of wealth is uneven and the middle class is moving towards poverty, which is also known as "M-shaped". This is a trend around the world. This trend is caused by the ruling parties in each country. The easiest way for the ruling party to win the support of voters is to print money, build large-scale public construction, and improve social welfare. Voters appreciate this immediate benefit, like free wine at a party. Printing money is the main culprit of M-shape. Printing money "devalues" the salaried class! The salary of the middle class has been relatively depreciated the most. This is true in Taiwan, and it is true all over the world. Massive public construction, especially with debt, does little to help economic growth. It just adds to the debt. Social welfare is more like a collective drug addiction, getting deeper and deeper into it. Once social benefits are withdrawn, it's like a drug withdrawal situation. What the ruling party should do is innovate in "new industries." Sharing the high wages of innovative industries with the young middle class is the foundation for social progress and stability.

THIS IS MISLEADING

Wealth inequality, the scourge of the world.

Blaming this on income/wealth inequality is misguided. The problem is insufficient consumption and the vast majority of that wealth at the top is invested into producing consumption in the first place. Going after it doesn’t solve anything. The issue is just that there isn’t nearly enough supply in the market due to bad policy. That means there isn’t enough for everyone and the limited supply goes only to the highest bidders. Take housing for example, it is scarce due to mass immigration and very restrictive permitting laws for new construction. Or take energy, that is scarce due to the confluence of anti-fossil fuel and anti-nuclear policy. Add in Russia sanctions and it’s a disaster.

London was always a country within a country with its financial services a centralised wealth generating industry. The rest of the country has included productive hotspots at different times due to technology and market opportunities. The massive challenge for governments is to spread this wealth creation more evenly.

Interesting video , but I live in northern England and think there's alot more to it , for example I live in Sheffield on 38 thoasand and my cousin lives in London on 240 thoasand, he has a 3 bed semi with no driveway, I have a detached house with lots of off road parking, you get a lot better standard of living for a lot less up north , from what I see most northern people have a better quality of life than londoners , but that's just my opinion, also I've travelled all over Europe and I definitely don't see the uk as poor living standards

This video just proved why we need Socialism and why the Socialist prime Ministers from Clement Attlee to Harold Wilson keeped living standards high and wealth inequality low.

privatization is mentioned many times in this video. I don't think it is the problem. Public run oil companies and factories is usally ineffective and will be uncompetetive over the long term. I think it is the tax code that is the problem and poor public schools - a modern contry need to find a way to get good education to the all of the population.

Property is not taxed, hard work is taxed. Council tax is based on 1991 house prices, so theyre meaningless

All this doesn't matter. We just have to keep spreading and forcing our beautiful democracy onto other nations so they can feel our greatness 😊

Answer: inequality and pirate capitalism on the island. In many capitalist economies some inequity is inevitable, but the divide in the UK is the worst, for any 'democratic capitalist' country.

First of all brilliant video. I'm from the UK myself and I can confirm what you're saying. There's a large disparity between the haves and the have-nots. Much of the country lives in some form of poverty now. Even people with professional jobs do not seem to earn a large sum of money for the work they do and the cost of living increase has outstripped the wage growth in the vast majority of sectors. Companies of course still report record profits year on year, but give less and less to the people who generate that income for them in real terms. Greed is of course a factor to consider, but many other factors are at play. Many areas of the UK has rampant unemployment and underemployment. Transport infrastructure is now poor, as is vital resource stockpile infrastructure, gas, water etc. Through rampant mismanagement by several consecutive governments, vital aspects of the state have been neglected and self destructive policies been adopted. For example there hasn't been a new reservoir for drinking water constructed since 1991 and the population has increased by 10 million (going off of official stats only). I think our politicians have left the EU and subsequently been rudderless in their attempts to adapt and take advantage of some of the benefits of such a thing, whilst doing their best to managed the negatives such as local funding replacement schemes that match the EU's. People have allowed dogma to rule the nation instead of common sense and considering each topic with a sound logical approach.

We have more houses in the UK than ever before - FACT. We do not have a housing shortage; we have an Immigration Surplus! Fact. If the 10 million immigrants that came into the UK over the last 30 years approximately were deported, then we would have a housing surplus on a massive scale & real estate prices would fall back to historic norms. The housing shortage is political & media propaganda & used to mask the true sources of the problems. In case this is censored or deleted; I have yet again saved this into my own Word document, together with the rest of the boobTube censored comments.

It's bizarre to compare the economies of London (metropolitan pop15 million) and Anglesey (70k.......recognised as the poorest place in Europe for many, many years).....the contrast has always existed so it seems to be a very sensationalist piece of reporting. The West Wales and the Valleys region of the EU was Category 1 Objective funded from 2000 due to high levels of deprivation...nothing new 25 years on.....

The problem are taxes, stop taxing the middle class

Cobblers. You cannot draw a line through the UK like that.And no way is the UK the poorest in Europe. You obviously have no knowledge of geography or economics for that matter

What does France look like without Paris and its surrounds. Italy without Milan Lombardy. China without Beijing and Shanghai. Japan without Tokyo. I could go on endlessly.

GDP is a poor metric for economic well-being. The manipulation of money produces nothong of intrinsic value. It produces wealth for a few, because the political order is structures to benefit bankers and money managers.

this is what happens when u try to exploit cheap labor from pakistan india and africa

Wow didn’t know Wales is the poorest in the UK and Europe. I think Welsh independence might be the answer. All the GDP in Wales goes to Westminster not in Wales.

Inequality by design, not accident.

1:20 Central Europe ffs, but these are still in Western Europe, Western half of the continent

It's like asking why is China the richest and poorest in asia

Don't worry. This has nothing to do with importing ridiculous numbers of third world people who instantly get your hard earned entitlements

Never thought child care in the us would be cheaper

it isnt

which is the number one poorest in the uk because there’s no cities in north wales

i cant believe you ruined this great video by promoting a scam....so much research goes into your video but then you do this??

Always been like that for years anything north of London doesn't exist maybe that's where the Muslims should go then something will happen in Westminster fact

All according to Ze Plan - KlauZZ

This video doesn't take life quality as a result of these divides.. Life is good in the north of England. Houses are cheap and incomes are fine if you get a good education or trade. Even if you start young and work your way up, work hard you can achieve. By comparison, London houses prices are unaffordable and unless your in that top 1% earning crazy money in the financial centre, life is mediocre. You won't be enjoying those top restaurants or living in a spacious homes.

propaganda in its finest form, its not like as the thumbnail dictates

Fascinating, scary and very sad.. This is coming from a Brit. Sadly I can't help but believe that this malaise is the result of, generally, arrogant and populist right wing politics in the UK. Brexit is the prime result of this and we are paying heavily for it. There has been an increasing rise in 'short termism' in the country for decades and a decrease of workers rights. I don't support overly powerful trades unions but I also don't support rampant deregulation resulting in the growing wealth of 'the few' and the decreasing wealth of the proletariat ... The UK is absolutely terrible at reaching a pragmatic middle ground that fulfills the needs of most of the population. I can only say we have lost the plot.

I love to hear: "they benefit from having English their native language". mwahuahuahuahuahuahuahuahua!!!!!

Story about massive poverty supported by master works fine arts investments for the rich!!

The rich screwing everyone

Britain has always been Treasure Island