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Data Starter: Income inequality in the UK 1961- 2023

Elizabeth Veal

10th December 2024

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According to the Gini coefficient, what has been happening to income inequality in the UK since 1961?

Using this House of Commons Library summary report’s chart showing the trend in the Gini coefficient (at this link https://commonslibrary.parliament.uk/research-briefings/cbp-7484/) , answer the following questions:

  1. In 2022-3, was income inequality as measured by the Gini coefficient higher or lower after housing costs? What does this imply?
  2. Identify two key features of the chart showing the UK’s Gini coefficient since 1961

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.

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