“Currently, 45 per cent of Britain’s wealth is concentrated in the hands of the richest 10 per cent of the population. On the contrary, the less well-off half of the UK’s population (50 per cent) owns just 9 per cent of Britain’s wealth, according to the research.
Average household wealth among the least well-off half of Britons is just £3,200 in net finances, property and pensions, compared with £1.32million held on average by the wealthiest 10 per cent.
Wealth inequality among British households is double that of income inequality, which instead refers to how much each family takes home. …”
Reminds Owl of the old Cockney song of which the lyrics of the chorus are:
“It’s the same the whole world over
It’s the poor what gets the blame
It’s the rich what gets the pleasure
Ain’t it all a bloomin’ shame?”