Economists warn of wealth inequality rising in Great Britain due to the pandemic after 14 years of relative stability which has bucked the trend of many other countries where divides have been steadily widening.
The wealthiest 10 per cent of households owned 43 per cent of all the wealth in Great Britain between April 2018 to March 2020, data from the Office for National Statistics showed on Friday. In contrast, the bottom half of the population held only 9 per cent.
However, over the past 14 years wealth inequality measured by the Gini coefficient has remained by and large stable, according to the ONS.
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