ɪn ɐ tˈuː θˈaʊzənd fˈoːɹtiːn ɹᵻpˈoːɹt fɚðə θˈɪŋk tˈæŋk sˈɛntɚ fɔːɹ lˈʌndən, lˈiːdbiːɾɚ kˈɔɪnd ðə tˈɜːm ɛndˈaɪz ʃˈɔːɹt fɔːɹ ɛmplˈɔɪd bˌʌt wɪð nˈoʊ dɪspˈoʊzəbəl ˈɪŋkʌm ɔːɹ sˈeɪvɪŋz, tə ɹᵻfˈɜː tə ðə ɡɹˈoʊɪŋ nˈʌmbɚɹ ʌv hˈaʊshoʊldz ɪn lˈʌndən stɹˈʌɡlɪŋ ˌɔn mˈɑːdɪst ˈɪŋkʌmz ɪnðɪ ˈæftɚmˌæθ ʌvðə tˈuː θˈaʊzənd ˈeɪt faɪnˈænʃəl kɹˈaɪsɪs.
In a 2014 report for the think tank Centre for London, Leadbeater coined the term 'Endies' (short for 'Employed but with No Disposable Income or Savings'), to refer to the growing number of households in London struggling on modest incomes in the aftermath of the 2008 financial crisis.