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THE top 10 per cent of households are nearly 900 times wealthier than the poorest — and younger people will face even greater levels of inequality, according to a new report published today by the IPPR think tank.
Every generation since the post-war “baby boomers” has accumulated less wealth than the generation before had at the same age.
Equality Trust executive director Wanda Wyporska said it was “incredible” to see the chasm between rich and poor in Britain, which continues to widen while “politicians bury their heads in the sand.”
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
World Health Organisation warns that 'current rates of improvement are insufficient'
