Skip to main content
Top 10% have more financial wealth than the other 90% combined, new figures show
British one pound coins

THE top 10 per cent of Britain’s population has more wealth than the other 90 per cent combined, according to TUC analysis of official Office for National Statistics (ONS) figures released today.

The huge inequality between rich and poor has widened under 14 years of Tory rule, which saw an “explosion” in insecure work and a decline in living standards.

Under the Conservatives, real wages grew by just 0.3 per cent a year — compared with 1.5 per cent from 1997 to 2010 under Labour.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
The skyline of Canary Wharf in London as the cold snap continues to grip much of the nation, February 14, 2021
Inequality / 14 July 2026
14 July 2026

Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills

UNITED VOICE REQUIRED: Workers stand up, yesterday, to the management of Volkswagen plant in Zwickau, Germany with slogans: ‘fighting for the future,’ and ‘exclusion,’ ‘job insecurity’ (strips attached to the scythe) / Pic: Jan Woitas/dpa via AP
Climate Crisis / 11 July 2026
11 July 2026

The future does not have to be climate chaos and social breakdown. MARC VANDEPITTE looks at the alternatives offered by the Global Justice Report, co-authored by Thomas Piketty

 

paul nowak
Retail sector / 24 December 2025
24 December 2025
Paul Nowak, general secretary of the TUC speaking at the TUC congress at the ACC Liverpool. Picture date: Monday September 11, 2023
Wealth Tax / 16 October 2025
16 October 2025