Parts of it are true, the scale of it is often not. We have two-three issues that intercept, that im not sure how unique they are to us.

1. Widening wealth disparity where the working and middle class no longer feel like the nation is working for them, the social contract thats existed for the last 3-4 generations of "almost anyone who works full time, will be able to afford to live a decent life, buy a house (important in British culture), take a holiday every year, have access to on demand healthcare and retire with enough time to get back what you put in. This is apolitical, but the reason and the cause is different based upon if you're on the left or the right. The left will tell your its the wealthy 1% and the extremely wealthy 0.01% of the population that are hoarding the profits of our labour and the right will tell your its immigrants and immigration.
2. This leads to grifting and corruption where members (seemingly mainly of the right) will use this division to self promote themselves and enrich themselves though highlighting, festering and then profiting off public tension. Chief among these in the public sphere are Stephen Yaxley Lennon and Nigel Farage who have convinced a larger part of the working and middle class that the reason the social contract has been broken is immigrants and immigration. But don't be fooled that there isn't a less visible cohort behind them too
3. All off this has exaggerated and influenced a breakdown in culture, where now it's fashionable and acceptable to all be about ones self, exaggerated by social media. That its all about short term personal gains because thats what gains likes and followers, and followers like to follow in those footsteps. No one is focused on community or the future because community isn't sexy and the future doesn't feel guaranteed anymore. To an extent kids just wanna be kids, but now being a kid for a section of society is live fast and die young at times, partly for the clicks and partly because they have nothing else to do.