<ul><li>The UK has dropped down the league of affluent nations after almost a decade of welfare cuts and stagnant incomes, warns the National Institute of Economic and Social Research (NIESR).</li><li>The poorest districts in the UK now rank below the lowest-income areas of Slovenia and Malta.</li><li>Birmingham is ranked as the poorest district in the UK, below some of the poorest areas in France, Finland, Slovenia, and Malta.</li><li>A combination of welfare cuts and near-zero real income growth has led to falling living standards for the bottom 10% of earners in the West Midlands.</li></ul>

UK drops down list of affluent nations after decade of stagnation, NIESR finds

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