The truth about wealth inequality Economics The distribution of wealth in the economy has attracted more and more attention among economists following a wealth boom that lasted for four decades. Between 1980 and 2019, British household wealth increased from three to seven-times national income, as cheap credit helped to fuel consistent rises in house prices. “For much of the past four [...]
‘Wealth the new work’: Wealth inequality ‘undermining capitalism’ Economics “For most, your house has outvalued you this century – making wealth the new work," Parth Patel, associate director of at the IPPR, said.
‘The biggest barrier to growth’: Businesses set out plan to fix productivity puzzle Business Some of the UK’s most high-profile businesses have set out a roadmap to improve productivity growth, including reforms which could boost the economy by £82bn over the next five years. The Building Back Britain Commission, which included representatives from Vodafone, PIC and British Land, looked at productivity across the entire country, finding five key areas [...]
In defence of ‘Woke Capitalism’ October 2, 2024 DEI schemes are there to improve businesses and equality. What are the opponents of 'woke capitalism' so afraid of, asks Eleanor Kaye.
Rolex watches, private jets and third homes? Here’s what it takes to be in the world’s one per cent of wealth April 13, 2024 To become a part of the wealthiest band in developed countries, you need to have at least a net worth of £1m - and in some countries, assets of up to eight digits, data from Kinght Frank’s Wealth report finds.