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Britain at risk of serious social unrest, report warns

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Murray Wardrop
London Telegraph
Saturday, March 21, 2009

Britain is in danger of serious social unrest and public disorder in response to the economic crisis, according to a new report.

Bouts of social upheaval are set to disrupt economies and topple governments around the globe over the next two years, the Economist Intelligence Unit warned.

Britain is at “moderate risk” of the protests with “far from a clean bill of health”, the study said, in contrast to previous years when western European states were almost automatically rated at “low risk”.

The paper, called Manning the Barricades, identified Britain as one of a group of “heavily indebted economies that experienced housing bubbles” and “are particularly vulnerable to deleveraging and asset price declines”.

It added: “The UK has been among the worst-hit developed countries by the global downturn and the majority of the population fears a deep and long recession and the onset of mass unemployment.

“Popular discontent and anger are likely to rise, and populist sentiments to strengthen. The news of big personal payouts to bankers who have failed spectacularly has incensed public opinion.”

  • A d v e r t i s e m e n t

Ninety-five countries were ranked in the “high” or “very high” risk bracket, while Britain was placed 132nd on the list, alongside Ireland, and behind France and the US.

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This article was posted: Saturday, March 21, 2009 at 3:58 am

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