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The gap between rich and poor in the UK has decreased since 2000, an international survey has concluded. The Organisation for Economic Co-operation and Development (OECD) says the decline in inequality in Britain has been "remarkable". The report's author told the BBC: "...the poor have been getting richer more rapidly than the rich since 2000." But the report says the UK still has one of the highest levels of income inequality in the developed world.
The richest 1,000 people in Britain have seen their wealth quadruple under Labour, according to The Sunday Times Rich List published today. Even under Gordon Brown’s brief premiership their fortunes have soared by 15%, just as the financial squeeze and faltering house prices have hit ordinary people.The collective wealth of the 1,000 richest has jumped to £412 billion, up from £99 billion in 1997. Total net wealth during the same period has slightly more than doubled.
