Monday, 1 June 2015

There are more low-paid workers in the UK than in other advanced economies

There are more low-paid workers in the UK than in other advanced economies

To download the full pdf, click here

Explaining the data
This data is taken from the Organisation of Economic Co-operation and Development database via http://stats.oecd.org/Index.aspx?DatasetCode=AV_AN_WAGE. Figures are for 2012 and 2013, and are the most recent available for each country. More detailed figures on UK employment are available from the Office for National Statistics ‘jobs statistics’ at http://ons.gov.uk/ons/taxonomy/index.html?nscl=Job+Statistics#tab-data-tables


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Wednesday, 20 May 2015

The richest 10% of the population get richer whilst incomes for the poorest 10% plummet

the rich get richer, the poor get poorer

To download the pdf, click here

Explaining the data

Explaining the data: These figures were calculated by the New Economics Foundation (NEF) as part of their ‘Real Britain Index’ - http://www.realbritainindex.org/. NEF calculated a more detailed inflation figure for each decile (group of 10%) of the UK population from richest to poorest, based on their spending habits (for example, the poorest decile spend a higher proportion of their income on food, so are hit harder by food price increases, but are less likely to be affected by changes in the cost of luxury goods). NEF then used these inflation figures to calculate the year-on-year change in the incomes of each decile. Since the data used in this infographic was published, inflation has fallen, giving hope that real incomes of poorer households will rise. But this will also depend on factors such as low pay and cuts to social security. 


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Wednesday, 29 April 2015

Top bosses pay increases are way out of proportion to company performance

For Britain's top bosses, pay is not performance-related
Britain's top executives are supposed to be paid according to how their companies perform - but pay in recent years has increased far more quickly than performance.

To download the full pdf, click here

Explaining the data
Explaining the data: This research was carried out for the High Pay Centre by Incomes Data Services. You can see the full report at www.highpaycentre.org


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Thursday, 16 April 2015

The gap between the richest and poorest region in the UK is the biggest in Europe

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To download the full pdf, click here
Explaining the data
These figures are taken from data compiled by Eurostat, the data agency of the European Union. Although we have only shown figures for a selection of countries commonly compared with the UK in terms of equality and economic success, there is no other country in the whole of the EU where the richest region is nearly 5 times as rich as the poorest. The currency used by Eurostat is the ‘Purchasing Power Standard’, an economic measurement that accounts for differences in the value of different currencies, as well as the different costs in different areas.  Full data is available fromhttp://ec.europa.eu/eurostat/tgm/table.do?tab=table&init=1&language=en&pcode=tgs00005&plugin=1   


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Saturday, 28 March 2015

Great wealth exists in the UK alongside unimaginable poverty

Since 2009 executive pay has soared and the number of billionaires has increased, while food bank use has rocketed and pay for ordinary workers has fallen


Displaying

To download the full pdf, click here

Explaining the data
The data on UK billionaires is taken from the Sunday Times rich list, which can be read on-line, for a subscription fee. The data on executive pay was compiled for the High Pay Centre by Incomes Data Services, who looked at pay for Directors of FTSE 350 companies, the 350 biggest companies listed on the London Stock Exchange. You can read the full report here. The Office for National Statisticsrecords figures for wages across the whole UK workforce. Both directors’ and workers’ pay has been adjusted for inflation. Finally, the number  of people given at least 3 days worth of food by a Trussel Trust foodbank is taken from the Trust’s website.


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