The wealthiest 1% of Scots are richer than the bottom 50% combined, a new report has found with the poorest 40 per cent of households 9.4 times worse off in 2012/14 than the top 10 per cent, compared with 8.8 times in 2010/12.
The richest 10 per cent of households own 43 per cent of all private net wealth - worth £374 billion.
The report found the median wealth of the richest 10 per cent in Scotland was £1.34 million, while the median wealth of the poorest 10 per cent was just £6,300.
The research paper found that the least wealthy 30 per cent of households “have very few assets, with employment no longer a guarantee against low wealth.”
The richest 10 per cent of households own 43 per cent of all private net wealth - worth £374 billion.
The report found the median wealth of the richest 10 per cent in Scotland was £1.34 million, while the median wealth of the poorest 10 per cent was just £6,300.
The research paper found that the least wealthy 30 per cent of households “have very few assets, with employment no longer a guarantee against low wealth.”
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