Privately educated children earn more than state-educated children with the same grades

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Explaining the data

The figures on earnings for privately-educated children were calculated by the Institute for Fiscal Studies think tank and can be viewed here -http://www.ifs.org.uk/uploads/publications/pr/graduate_earnings_301014.pdf

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Top Universities are dominated by students who went to private school: Barely half of entrants to Oxford University are state educated, compared to 93% of the wider population

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Explaining the data

These figures were taken from the Higher Education Statistics Agency. You can see the full results at https://www.hesa.ac.uk/pis/urg

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

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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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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

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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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The poorest half of the UK population have less wealth than the richest 1 per cent

To download the full pdf, click here

Explaining the data

This data is from the Office for National Statistics ‘Wealth in Great Britain, Wave Three’ report covering the years 2010-12 (the most recent period for which data is available). The report can be found online at http://www.ons.gov.uk/ons/rel/was/wealth-in-great-britain-wave-3/2010-2012/index.html

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The poorest regions of the UK are the poorest in Northern Europe

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Explaining the data:

This data was produced by Eurostat, the data agency of the European Union. They measured GDP per head in regions across the EU, taking into account the different prices in different regions. The full data is available from http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/1-27022014-AP/EN/1-27022014-AP-EN.PDF

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Differences in income between children are increasingly likely to be mirrored as adults. Social mobility worsening in UK

To download the full pdf, click here

Explaining the data

The Institute of Education used data from the National Child Development Study (NCDS) of children born in 1958 and the British Cohort Study (BCS) of children born in 1970 to compare the association between parental income and adult income for each of the cohorts. For the children born in 1958, the IoE found that just under 30% of the differences in incomes in childhood are mirrored in what they earn around the age 40. For those born in 1970 this has gone up to around 40% of childhood circumstances being reflected in what they earn in adulthood. There is no more recent data, because funding to study a cohort of children born in the 1980s was scrapped, but findings from a cohort born in 1991 should emerge in 2020. To see the full report visithttp://repec.ioe.ac.uk/REPEc/pdf/qsswp1401.pdf

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Most of the UK's wealth belongs to the richest fifth of the population

To download the full pdf, click here

Explaining the data

This data is from the Office for National Statistics Wealth in Great Britain, Wave Three report covering the years 2010-12 (the most recent period for which data is available). The report can be found online at http://www.ons.gov.uk/ons/rel/was/wealth-in-great-britain-wave-3/2010-2012/index.html

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People in poorer areas die younger - by as much as 10 years younger! Poverty kills!

To download the full pdf click here

Explaining the data

This data is from the Office for National Statistics and is an average of the years 2010-12. You can find the data at http://www.ons.gov.uk/ons/rel/subnational-health4/life-expectancy-at-birth-and-at-age-65-by-local-areas-in-england-and-wales/2010-12/stb-life-expectancy-at-birth-2010-12.html. For the international comparisons, figures are taken from the CIA world handbook, available viahttps://www.cia.gov/library/publications/the-world-factbook/fields/2102.html

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The UK has become one of the most unequal countries in the world

Share of total income going to the richest 1% has grown faster in the UK than in most other advanced economies

To download the full pdf, click here

Explaining the data

This data comes from the World Top Incomes Database, which measures top incomes in over 45 countries around the world. Based on household surveys in each country, we have used the latest data available for each country. You can access the full data here: http:// topincomes.g-mond.parisschoolofeconomics.eu 

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Most people want to cut the gap between rich and poor. Overwhelming majority want action to reduce inequality

To download the full pdf click here

Explaining the data

These figures are taken from polling carried out on behalf of the High Pay Centre by ICM. To see the results in more detail, visit http://highpaycentre.org/blog/ukip-supporters-say-tackling-rich-poor-gap-is-higher-priority-than-taxes-an

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Income inequality in the UK - watch this shocking new video

Income inequality in the UK - watch this shocking new video

Income inequality has become an increasingly important political issue in recent months. Our new 3 minute animation outlines the size of the paygap and compares the situation with other European countries, where similar levels of total income are shared much more evenly, meaning that people at the bottom and in the middle have more.

The film highlights how:

• pay for top bosses nearly doubled over the past decade, while ordinary workers wages remained the same
• a FTSE 100 CEO earns four times as much in one year as the average worker does in their entire lifetime
• if total incomes in the UK were divided as evenly as in Denmark or the Netherlands, 99 per cent of households would be better off by nearly £3,000 per year

To watch the film click here - and please 'like' Inequality Briefing on facebook, andfollow us on twitter

 

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The richest 100 people in the UK are as rich as the poorest 19 million. "All in it together"!

To download the full pdf click here

Explaining the data

Based on research by the Equality Trust following analysis of the Sunday Times richlist and data from the Office of National Statistics. For full details visit http://www.equalitytrust.org.uk/news/wealth-increase-britains-100-richest-would-pay-175-million-living-wage-jobs. 

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Average worker would take 158 years to earn what CEO earns in a year

To download the full pdf click here

Explaining the data:

CEO pay of £4.25 million is taken from the Manifest survey of CEO pay, while workers’ pay of £27,000 is taken from the Office of National Statistics Annual Survey of Hours and Earnings.

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Nearly one third of all wealth in UK is inherited not earned

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Explaining the data:

This is important because wealth ownership in the UK is incredibly unequal and inherited wealth only goes to the richest few. Most people don’t own any wealth whatsoever, while only 13% inherit anything. The original data come from HMRC statistics on inherited estates, and the Attitudes to Inheritance Survey. 

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Top jobs dominated by ex-pupils from private schools: how wealth and power is passed on

To download the full pdf click here

Explaining the data:

These figures are provided by research from the Sutton Trust – a summary of findings can be found athttp://www.suttontrust.com/ news/fast-facts/ 

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The people who need the least help get the most: Inequality deepens

To download the full pdf click here

Explaining the data:

The Attitudes to Inheritance Survey carried out in 2004 surveyed 2,000 people about their experiences of and attitudes towards inheritance. Overall 24% of people reported having received a “gift worth £500 or more” from their parents at some point in their lives. Removing the effect of age differences, the predicted probability of people in the highest income group (those earning £52,000 a year or more) having received a transfer was 48%. The predicted probability for those in the lowest income group (£5-10,000 per year) was 12%.Looking just at people who had received gifts, people in the highest income category on average reported receiving a lifetime total of £16,067. For people in the lowest income category this figure was £7,739. 

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Housing is unaffordable for most people in normal jobs

To download the full pdf click here

Explaining the data:

Average housing costs are calculated using the Valuation Office Agency private rental market statistics, plus data on energy and water bills from the Department for Energy and Climate Change and Ofwat.Gross incomes are calculated using pay data from Government sources. These include the NHS Careers website, the government teaching careers website and the annual survey or hours and earnings. Income tax, national insurance and council tax for Band A properties net of 25% single person’s discount (taken from a Department for Communities and Local Government report) are all considered. 

For full details visit http://www.inequalitybriefing.org/brief/briefing-23-explaining-the-data

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Family wealth more than ever influences ability to buy own house

Download the full pdf here

Explaining the data:

The main figure comes from the Council of Mortgage Lenders from Dec 2011,http://www.cml.org.uk/cml/publications/ newsandviews/104/390. The restriction to those under-30 is because at older ages people are more likely to be ‘returners’ (i.e. we are less confident that they are truly first-time buyers). 

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Does getting parents into work get children out of poverty?

Download the full pdf here

Explaining the data:

This information is from a 2012 report produced by the New Policy Institute for the Joseph Rowntree Foundation, Monitoring Poverty and Social Exclusion 2012

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