Cameron doing well

Posted: 18/03/2014 in Struggle
Tags: ,


Key Facts from Oxfam

UK’s five richest families now own more wealth than the poorest 20% of the population.

Oxfam said the poorest 20% in the UK had wealth totalling £28.1bn – an average of £2,230 each.

The latest rich list from Forbes magazine showed that the five top UK entries – the family of the Duke of Westminster, David and Simon Reuben, the Hinduja brothers, the Cadogan family, and Sports Direct retail boss Mike Ashley – between them had property, savings and other assets worth £28.2bn.

Major General Gerald Grosvenor and his family had more wealth (£7.9bn) than the poorest 10% of the UK population (£7.8bn).

The wealth of 85 global billionaires is equivalent to that of half the world’s population – or 3.5 billion people.

Since the mid-1990s, the incomes of the top 0.1% have grown by £461 a week or £24,000 a year. By contrast, the bottom 90% have seen a real terms increase of only £2.82 a week or £147 a year.

Since 2003 the majority of the British public (95%) have seen a 12% real terms drop in their disposable income after housing costs, while the richest 5% of the population have seen their disposable income increase.

More Details here

Books:- Treatise, Wai Zandtao Scifi, Matriellez Education.

Blogs:- Ginsukapaapdee, Mandtao, Matriellez.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s