uk wealth: Forty-four per cent of UK wealth is owned by 10% of households, while just 9% of wealth is owned by the bottom half, according to The Guardian. This looks set to continue, with more than half of the net increase in wealth between 2010 and 2014 captured by the top decile of households. Britain is one of the most unequal societies in Europe, where success increasingly depends on where you live and who your parents are. Yet although wealth inequality is twice as great as income inequality, which has on some measures actually fallen slightly in recent years, it has strangely received far less attention. And this needs investment and technological progress through innovation, which in turn requires rewards for the risk-taking entrepreneurs who make it happen. Of course, expectations of a better life cannot be met without wealth creation.
(news.financializer.com). As
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