Daily Mail – “Pay gap between highest and lowest earners growing faster in Britain than any of the world’s richest countries”

“The pay divide in Britain between the highest and lowest earners has grown more sharply than in any other high-income country since 1975, a report revealed today.

The richest 1 per cent have seen their share of total UK income rocket from 7.1 per cent in 1970 to 14.3 per cent in 2005.

Just prior to the global recession, the top 0.1 per cent of top earners accounted for 5 per cent of total pre-tax income.”

Read more: http://www.dailymail.co.uk/news/article-2070099/Pay-gap-growing-faster-UK-worlds-richest-countries.html#ixzz1fwpv5p1r

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About Mark Caudery

Marxist, gamer, musician and person. Currently a long term zero-hour contract worker.
This entry was posted in Income Inequality, News, United Kingdom. Bookmark the permalink.

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