Britain’s wealth gap is growing, its malign effects seep into all aspects of life. It’s a national disaster | Will Hutton

Britain’s wealth gap is growing, its malign effects seep into all aspects of life. It’s a national disaster | Will Hutton

Inequality, House prices, Money, Housing, Society, Autumn budget 2024, UK news, Education Business | The Guardian

​Wealth distribution reeks of unfairness and poses as big a threat to the country’s wellbeing as climate changeBritain is a wealthy country, but the gap between our richest and poorest 10% is now, the US excepted, the highest in the developed world. Accelerating since the financial crisis, wealth inequality casts a shadow over all our lives, affecting health, housing, education, productivity, enterprise, the media and even the vitality of our democracy.It has reached the point, a Fairness Foundation report last week argued, that the threat to our collective wellbeing means it should join climate change and terrorism on the government’s national risk register. Continue reading… 

Wealth distribution reeks of unfairness and poses as big a threat to the country’s wellbeing as climate change

Britain is a wealthy country, but the gap between our richest and poorest 10% is now, the US excepted, the highest in the developed world. Accelerating since the financial crisis, wealth inequality casts a shadow over all our lives, affecting health, housing, education, productivity, enterprise, the media and even the vitality of our democracy.

It has reached the point, a Fairness Foundation report last week argued, that the threat to our collective wellbeing means it should join climate change and terrorism on the government’s national risk register.

Continue reading… 

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