The Guardian reports on a new study, “An Anatomy of Economic Inequality in the UK,” compiled by the National Equality Panel led by Prof. John Hills of the London School of Economics.
A detailed and startling analysis of how unequal Britain has become offers a snapshot of an increasingly divided nation where the richest 10% of the population are more than 100 times as wealthy as the poorest 10% of society. . .
The new findings show that the household wealth of the top 10% of the population stands at £853,000 and more – over 100 times higher than the wealth of the poorest 10%, which is £8,800 or below (a sum including cars and other possessions).
Here is what the numbers look like:
And here’s how the UK compares to other countries (hint: we’re still #1!):