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The project that is neo-liberal labour market insecurity; welfare cuts; and financialisation

The project that is neo-liberal labour market insecurity; welfare cuts; and financialisation

Great britain has witnessed a few fundamental, inter-related, long-lasting alterations in the labour market, welfare reform and financialisation throughout the last 40 or more years as part of a wider project that is neo-liberalHarvey, 2005; Peck, 2010; Crouch, 2011). These modifications have combined to create a climate that is highly favourable the rise in payday financing along with other types of HCSTC or ‘fringe finance’ (also referred to as ‘alternative’ finance or ‘subprime’ borrowing) (Aitken, 2010).

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