Explanations

Who are the super-rich in the UK?

23rd January 2020

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Who are the super-rich? And what are they like?

This IFS clip looks at what has happened to the incomes of the top 1%, although the data's a little patchy, because it comes from tax data.

It's interesting to note that even within the top 1% there is substantial inequality, and a highly geographic concentration of income. However, it's important to remember that they also pay a significant proportion of total tax revenues flowing to the UK Treasury.

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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