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The wage gap between rich and poor has grown exponentially across the capital over the last decade, the TUC revealed in an analysis of pay released yesterday.
The bottom 10 per cent of workers in London and south-east England have seen their wages fail to keep pace with top earners, with the gap widening by a jaw-dropping 14 per cent since 2000.
Announcing the union body's findings TUC general secretary Frances O'Grady (pictured) said inequality "is likely to become even more entrenched" if proactive measures aren't taken.
In 2024, 19 households grew richer by $1 trillion while 66 million households shared 3 per cent of wealth in the US, validating Marx’s prediction that capitalism ‘establishes an accumulation of misery corresponding with accumulation of capital,’ writes ZOLTAN ZIGEDY
