Inequality of wealth


Inflation down

CPI inflation falls to 12-month low.

Read more
Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

Read more
A Level economics

2018 Edition available now.

Read more

Inequality of wealth

According to data gathered by the ONS, based on a survey between June 2012 and July 2014, of the four key wealth components (physical wealth, financial wealth, property and pensions), inequality was the lowest for physical wealth, with a Gini coefficient 0.45. This is due to the fact that even those with relatively low levels of wealth have some physical assets, such as cars and electrical appliances.

Gini Coefficients

Wealth inequality

In contrast, inequality is the highest for the net financial wealth (gross financial wealth minus financial liabilities), with a Gini coefficient 0.91. In terms of property wealth, the survey indicated that property inequality had worsened by the greatest extent over the period covered.

Other key points included:



Household inequality GINI | amCharts

US-China trade

China retaliates in dispute over intellectual property.

Read more
Brexit latest

Key elements of the transition deal agreed.

Read more
Customs unions

Costs and benefits of customs unions.

Read more
New materials

Multiple choice papers for Paper Three.

Read more
Alternative finance

Report on the growth of alternative finance.

Read more
Savings ratio

Savings ratio falls to lowest level on record.

Read more
Tax avoidance

Double Irish - and a Dutch Sandwich more..

The OECD presents its final package for reform of international tax rules..more

OECD - reducing income inequality will boost growth..more