tutor2u | Who are the super-rich in the UK?

Explanations

Who are the super-rich in the UK?

Graham Watson

23rd January 2020

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.

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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