Home > Uncategorized > Wealth Inequality in the UK

Wealth Inequality in the UK

Think Left

aFollowing yesterday’s post on wealth inequality in the US –

Facts – On The Filthiest Rich

– it is only right to draw attention to some UK statistics.  Fortunately, Michael Meacher MP has just posted a useful guide:

According to the Sunday Times Rich List, published each year in April, the richest 1,000 Britons who constitute just 0.003% of the population have increased their wealth in the last year alone by £35bn, and by a stunning £190bn over the 4 years since the crash.   Within the top 2% of the population HMRC records that there were 4,000 persons paid more than £1 million a year in 1999, but this became 10,000 by 2010 and then a huge rise to 18,000 by 2013.

By contrast the latest figures show that average wages in Britain have fallen after the crash in real terms (i.e. taking account of inflation) by 9%…

View original post 254 more words

Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: