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Top 10% have more financial wealth than the other 90% combined, new figures show
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THE top 10 per cent of Britain’s population has more wealth than the other 90 per cent combined, according to TUC analysis of official Office for National Statistics (ONS) figures released today.
The huge inequality between rich and poor has widened under 14 years of Tory rule, which saw an “explosion” in insecure work and a decline in living standards.
Under the Conservatives, real wages grew by just 0.3 per cent a year — compared with 1.5 per cent from 1997 to 2010 under Labour.
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