The 26 richest people on earth have the same amount of wealth as the poorest half of the world’s population, a sickening new report has found. The Oxfam report, published before the annual…Read more…
‘Fat Cat’ Friday
For most of us, it takes an entire year to earn enough to pay our bills, feed ourselves and keep a roof over heads– and even then, for those in insecure, minimum wage jobs, full-time work does not…Read more…
All burned out?
The entire board of the government’s Social Mobility Commission has resigned in protest over Theresa May’s abject failure to deliver on her promise to address the “burning injustice” of inequality….Read more…
‘This disgraceful gap’
“Huge gaps” remain between the living standards of different ethnic groups, new research shows. An average Bangladeshi household makes £8,900 less than a white British one, while a typical…Read more…
‘Fat cat’ pay
An ordinary worker would have to toil for two lifetimes to earn the average yearly salary of a FTSE 100 boss, according to new research which lays bare the UK’s shocking levels of pay inequality….Read more…
Firms move to curb exec pay
Ten percent of the UK’s FTSE 100 firms are deliberating on scrapping long-term incentive plans (LTIPs) to curb astronomical executive pay in response to shareholder revolts on the issue, it has been…Read more…
Income inequality worst since Thatcher
This Conservative government looks set to usher in an era of rising income inequality not seen since the time of Margaret Thatcher, according to a new report published yesterday (February 1). …Read more…
Crisis of inequality
The head of the International Monetary Fund (IMF) has told the world’s elite that they need to consider a fairer redistribution of wealth to a stave off the crisis of inequality facing working…Read more…
Mind the ever widening gap
After spending decades of their working lives earning less than men, women also now face a yawning and growing income gap in retirement, a new study has shown. Women retiring this year expect…Read more…
“It’s the economy, stupid” Sunday Night Live 31 Jan 2016
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Normal 0 false false false EN-GB X-NONE X-NONE …Read more…
A Merry Christmas for the Very Rich
Check out this seasonal message from the ONS wealth data via TUC TouchStone
ONS wealth data: The rich just got considerably richer
18 Dec 2015, by Geoff Tilyin Economics In cash terms the top 10% now own £5.0 trillion of UK total household wealth, according to the latest ONS wealth and…Read more…
The most unequal rich country in Northern Europe
Last month the Organisation for Economic Co-operation and Development (the rich countries’ club) published In it Together: Why Less Inequality Benefits All. It develops the argument the OECD has been making for some time about the malign economic consequences of inequality, and presents evidence to…Read more…
First among un-equals
Rising income inequality, in which a handful of people earn millions and the rest struggle just to get by, is often seen as a problem of developing countries – a symptom of a corrupt elite and the…Read more…
Britain now most unequal EU country, says official report
The UK is now the most unequal country in Europe, in terms of wages and income distribution, according to a new report by the Dublin Foundation for the Improvement of Living and Working Conditions, which is the EU’s official think tank on life at work*. Not only that, but the rise in…Read more…
Inequality rules
Welcome to Britain – the most unequal country in Europe and nearly the most unequal in the developed world. Figures released recently have shown that while the vast majority of people in the…Read more…
The gap between richest and poorest region…
And of course the gap in the UK is by far the worse. This cannot continue. Only a Labour Government can make a difference.
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