My mum moved to London in the 80's and worked for a high end shop. I've just had a look at the position they are advertising for at the moment, and it's a touch above min wage. My mum was able to afford to live on her wage back then, even though it wasn't big bucks, there is no way I could live on what they are offering today.
Wages are basically the same as years ago if you are in a lot of jobs. And the culture of 'internships' has further fucked everything. I see loads of these paying nothing or paying maybe £50 a day, demanding quite specific software skills. Entry level doesn't seem to mean entry level anymore.
I get that there always must be winners and losers in society as it's structured now, but seriously how can things churn on with workers being paid such shit money? If they do away with tax credits or housing benefit - what then? What will happen? I don't get it and I'm scared thinking of it. I'm educated, have a bit of experience in certain fields but not in any that pay reasonably. There must be millions like me in that same boat.