Is inequality getting worse, better or staying pretty much the same? It’s one of those questions that comes up over and over again.
Jeremy Corbyn couldn’t have picked a worse time to claim that inequality is getting worse, just before an ONS report appeared which showed that it was at a 30 year low.
Chart via Resolution Foundation.
As ever, though, it’s a bit more complicated than that. If you look purely at hourly pay, the rates people are paid for the work they do, then Jeremy Corbyn is right. The UK is the most unequal country in the EU and more unequal than it was a decade ago. The European Foundation for the Improvement of Living and Working Conditions (Eurofound) commented:
The UK is remarkable for its polarisation: it accounts for a very significant portion (nearly half) of the top 1% of wage earners in the EU, and yet it…
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