Incomes increased for the richest last year, but fell for everyone else (surprise!) – Inequality Briefing

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.

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 uk/ons/publications/re-reference-tables.html?edition=tcm%3A77-333039

To download the full pdf, click here

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One Comment

  1. Jeffrey Davies September 15, 2014 at 2:13 pm - Reply

    well how do you account for a buoyant car market it was the rich keeping it afloat as george stated himself but telling you it was rich people who were doing the buying honk honk it was never that person on benefits but them who walk around freely still screwing you still high bonuses but never worry georgie will look after his mates

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