Gordon Brown’s Great Britain – Land Of Inequality

IT will come as little or no surprise to hear that the rich in Britain are getting richer. (The Spine)

According to a new report by the Joseph Rowntree Foundation, the UK is currently experiencing the highest inequality levels for 40 years.

The study shows that the traditionally wealthy south-east of England, along with a number of other moneyed parts of the country, have become disproportionately wealthy over the past four decades.

In areas of some cities, over half of all households are now deemed to be “breadline poor”, which means that they have enough to live on and are just above the level of total poverty, but don’t have to access to opportunities the rest of society has.

The study goes on to say: “Poor, rich and average households became less and less likely to live next door to one another between 1970 and 2000.”

The report claims that during the 1990s, the personal wealth of the richest one per cent of the population grew as a percentage of national share, jumping from 17 per cent in 1991 to 24 per cent in 2002.

Gordie Brown has a big job ahead of him.

Anorak

Posted: 17th, July 2007 | In: Money Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink