Nearly 93,000 more UK home-owners have become "property millionaires" over the last year thanks due to rising property prices and George Osborne (looking after the rich) the Chancellor of the Exchequer, with almost 60,000 of them in London.
London’s exclusive borough of Kensington and Chelsea has the highest number of property millionaires at 41,393.
Then interestingly at the other end of the scale in the London Borough of Hammersmith and Fulham, "forty-six per cent of council tenants are in rent arrears. So the council housing has come up with what they think is a good idea, they have distributed to all, that’s across approximately 17,000 households, a Christmas Card that advises tenants not to "overindulge" during the festive period. The text is accompanied by an image showing a pound coin fizzing in a glass.
This story only makes me think, just what a bleak Christmas this is going to be for many, there is no mistake about that; so let us hope that the new year brings something very different and liberating for the many, the vast majority who have been slammed forcefully against the vertical brick wall by the ruling class and the agents of capitalism.