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The pay gap between the highest and lowest earners in the UK has grown more quickly than in any other high-income country since 1975, a report has said.
Research by the Organisation for Economic Co-operation and Development (OECD) found the sharp increase in income inequality, which began in 2005, leaves Britain well above the group's average.
The study - Divided We Stand: Why Inequality Keeps Rising - published by the forum of 34 countries that earn the most, said the annual average income of the top 10% was almost £55,000 in 2008, nearly 12 times higher than that of the bottom 10%, who earned an average of £4,700. This is up from a ratio of 8 to 1 in 1985, the OECD said.
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Glasgow Bookfair
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The CWO will have a stall at the Red and Black Clydeside Bookfair, there will also be an NBWCW meeting.
When: Saturday, 7 December 2024
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