Accessibility Options Printer friendly Email us Contact us

The cost of inequality, 14/03/14 [E/NI/S/W]

This report from the Equality Trust advises that the ever-increasing gulf between rich and poor in the UK is costing the economy 39bn a year.

It says the effects of inequality can be measured in financial terms through its impact on health, wellbeing and crime rates.

The 100 wealthiest people in the UK have as much money as the poorest 18 million 30 per cent of the population and the Equality Trust says that the consequences of such unusually high rates of inequality need to be acknowledged by politicians.

It is calling on all political parties to commit to an Inequality Test; to include in their manifestos an explicit goal that the net impact of their policies will be to reduce the gap between the richest and the rest.

For full details see the Equality Trust website.

Further Information

The cost of inequality