The richest fifth of the UK population saw their incomes increase by £940 in 2013. But incomes were down by £250 for the other 80% of the population... and by £381 for the poorest fifth.
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Explaining the data
This data compares the ‘equivalised disposable household income’ for 2011/12 and 2012/13. It was published by the Office for National Statistics as part of ‘the effects of UK tax and benefits on household income 2012/13 study.’ ONS have found that the recession did have a small effect on reducing inequality, but it now looks as though inequality maybe set to increase. The figures are available online via http://www.ons.gov.uk/ons/publications/re-
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We are all clearly "in the same boat" and "all in it all together". Just on different decks and bearing different levels of pain and suffering (with some actually not suffering at all!).
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