Gap between rich and poor narrows, but UK is still one of the world's most unequal countries

Source: http://www.guardian.co.uk/society/2008/oct/22/equality-wealth-uk-social-mobility

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The gap between rich and poor in Britain narrowed "remarkably" between 2000 and 2005 but the country remained one of the most unequal in the developed world, the Organisation for Economic Cooperation and Development said yesterday.

The UK's growth in wealth equality has been the fastest among the world's 30 richest and most developed countries. But in 2005, when the organisation compiled its latest data, the UK remained a more unequal society than three-quarters of OECD countries, with the richest 10% earning nine times more than the poorest 10%.

Income inequality in the UK grew steadily from the mid-1970s and only dipped briefly in the mid-1990s, the OECD said.

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Created by Niluccio on 22 October 2008

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