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Thursday, May 17, 2007

Rich and Poor - No Change After Blair


The gap between Britain's rich and poor again widened in the 2005-6 financial year, official figures showed on Thursday .


The Office for National Statistics said income for the bottom 10% after taxes and welfare benefits fell £10 to £11,374 . The richest 10 % average income actually grew by more than £2,000 to £60,908.

The figures have barely diverged since Blair came to office in 1997.


"The latest evidence suggests that income inequality may be increasing again," the ONS said. "Inequality still remains high by historical standards -- the large increase which took place in the second half of the 1980s has not been reversed."

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