The gap between the richest and poorest in London
of London's wealth is owned by the richest 10% of its households. The bottom 50% own just over 5%.
greater is the income of someone just in the top 10% in London in comparison to someone just in the bottom 10%.
Inequality explains the incongruence between two pictures of London: one of the booming centre of global finance and home to many of the world’s rich, and the other of a city with high levels of poverty and deprivation.
Income inequality across England
Income inequality over time
Income inequality and housing costs
Pay inequalities across England
Changes in pay inequality
From our Twitter
IFS #Budget2017 analysis. This is not the end of “austerity”. There are still nearly £12 billion of welfare cuts to work through the system, while day-to-day public service spending is still due to be 3.6% lower in 2022–23 than it is today. https://www.ifs.org.uk/tools_and_resources/budget/520 … pic.twitter.com/05eWvZ9LFG23 Nov 2017
Fascinating new map of corporate ownership of land in England - 1.8m titles so far http://corporate.whoownsengland.org23 Nov 2017
Budget analysis just out from @resfoundation . "The poorest third of households are set for an average loss of £715 a year by the end of the parliament, while the richest third gain an average of £185.” http://www.resolutionfoundation.org/publications/freshly-squeezed-autumn-budget-2017-response/ … #Budget2017 #ukpoverty23 Nov 2017