In the UK 26,000 take home more in a month than those on average salaries earn in a year. Their salaries are more than half a million pounds a year, receive at least £21,500 a month after tax – more than the average annual wage of £20,500. At the other end of the spectrum, there are 6.75 million workers earning less than £800 a month.
The study from the High Pay Centre, a think tank says the nation has returned to levels of income inequality last seen in the 1930s, with the share of the national income going to the top 1 per cent more than doubling since 1979, to 14.5 per cent.
The study from the High Pay Centre, a think tank says the nation has returned to levels of income inequality last seen in the 1930s, with the share of the national income going to the top 1 per cent more than doubling since 1979, to 14.5 per cent.
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