Wednesday, 19 July 2017

'UK inequality reduced since 2008' per BBC News

The BBC report through gritted teeth

'The gap between the richest and poorest households in the UK has narrowed since the recession of 2007-08, according to the Institute for Fiscal Studies (IFS).

In its latest report on living standards, the IFS said rising employment and sharp falls in income in the middle and top earning households was behind the decline in inequality.

There had been a "dramatic" fall in inequality in London, the IFS said.'

Oh dear, that very counter the BBC/Labour Party narrative.

I expect they'll get their best minds onto how to put this report into context, giving prominence to a Labour Party spokesperson will be a priority.

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