Top story: Rent will soar to 80% of retirement incomeHello – Warren Murray keeping you savvy this morning. People’s incomes typically halve after retirement, and those in the private rented sector who pay 40% of their earnings in rent could be forced to spend up to 80% of their income on rent in retirement. George Monbiot shares the story today of a friend who “works almost every waking hour, mainly to pay the rent. The White House aide Kellyanne Conway has snapped “What’s your ethnicity?” at a reporter who pressed her on the president’s comments. Sign upThe Guardian Morning Briefing is delivered to thousands of inboxes bright and early every weekday.
Source: The Guardian July 17, 2019 05:27 UTC