2015 03 20_briefing 55- great wealth exists in the uk alongside unimaginable poverty_ib2015-4
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2015 03 20_briefing 55- great wealth exists in the uk alongside unimaginable poverty_ib2015-4
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2015 03 20_briefing 55- great wealth exists in the uk alongside unimaginable poverty_ib2015-4
- 1. INEQUALITY BRIEFING What does this mean? Wages for most people have fallen over the past five years, meaning that work is no longer a guaranteed route out of poverty. More than half of the UK households in poverty contain someone in work. But many at the top have not had to economise. The number of UK billionaires has grown rapidly, as has pay for top company bosses. There is great poverty in this country, but there are also great riches. Incredible wealth in the UK exists alongside unimaginable poverty For sources and references see www.inequalitybriefing.org SINCE 2009… The number of billionaires in the UK has more than doubled Pay for top company directors has increased by 40% The number of people using foodbanks has increased from 26,000 to nearly 1 million The average UK worker has experienced a 9% real terms pay cut 9% 3500% 40% x2