Uk Income Inequality

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Inequality –The UK has a very high level of income inequality compared to other developed countries. Households in the bottom 10% of the population have on average a net income of £9,277. The top 10% have net incomes over nine times that (£83,897). As can be seen from the graph, income inequality is much starker at the top of the income scale, with the group with the 9th highest incomes making only 60% of the top 10%’s income. Inequality is much higher amongst original income than net income with the poorest 10% having on average an original income of £4,467 whilst the top 10% have an original income 24 times larger (£107,597) (Equalitytrust.org.uk, 2015) (Equalitytrust.org.uk, 2015) The graph shows how income is shared amongst households.

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