The Equality Trust has published its annual Wealth Tracker (pdf). This May 2017 report examines the wealth of Britain’s 1000 wealthiest citizens, and how this increase in wealth could have been spent differently to help address social problems in Britain.
Dr. Wanda Wyporska, Executive Director of The Equality Trust, said:
“The super-rich continue to streak away from the rest of us, while the poorest see their wealth shrink. This is an economy working for the few, not the many.
Record numbers of people visited food banks last year, millions are locked out of a decent home, and two thirds of children in poverty are in working households. All this in the fifth largest economy in the world, with a handful of super-rich ‘elites’ sitting on mountains of wealth.
We know that inequality damages our economy and society, and makes it harder for ordinary people and their children to get on. With the General Election fast approaching our politicians need to decide the sort of country they want to build. One where we can all prosper, or one where we’re picking crumbs from the super-rich’s table.”