There has been a 30 per cent increase between 2000-02 and 2012-14 in the proportion of adults who own multiple properties, rising by 1.6 million to 5.2 million people (one in ten adults) in that period, new analysis by the Resolution Foundation has found.
Politicians like to talk about wealth creators. They are usually referring to very rich individuals we mustn’t tax too heavily for fear they will leave the country.
An LSE-led report finds that youg people have suffered a disproportionally large fall in earnings and are unlikely to reach the levels of wealth of their parents' generation.
A senior French Protestant has called growing income inequality a form of violence and has asked for self-restraint among high earners in a time of austerity.