The richest fifth of the UK population saw their incomes increase by £940 in 2013. But incomes were down by £250 for the other 80% of the population… and by £381 for the poorest fifth, according to Inequality Briefing.
Before Vox Political readers start commenting in their droves that this is nothing new and no surprise to anybody: It is important to keep this in the public eye. The Coalition government came into office stating that austerity cuts were necessary but would be fair, and these figures are a constant reminder that they are in fact anything but fair.
Here’s a graphic for you to share:
The website states: This data compares the ‘equivalised disposable household income’ for 2011/12 and 2012/13. It was published by the Office for National Statistics as part of ‘the effects of UK tax and benefits on household income 2012/13 study.’ ONS have found that the recession did have a small effect on reducing inequality, but it now looks as though inequality maybe set to increase. The figures are available online via http://www.ons.gov. uk/ons/publications/re-reference-tables.html?edition=tcm%3A77-333039
To download the full pdf, click here
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