By Stephanie O’DonnellA number of studies have suggested that families who are wealthier in the UK have less wealth than those who are poorer.
In a report by the Centre for Economic Performance (CEP), the think tank has found that the wealth gap between the rich and the poor is about as big as it has been in the history of the UK.
This study has also found that there is a gap between rich and poor in terms of wealth creation in the United States.
In the US, the median net worth of a household is about $1.2 million.
But a report from the Federal Reserve Bank of St Louis suggests that the gap between wealthy and poor is as large in the US as it is in Britain.
It found that over the past decade, the richest 10% of households had accumulated $3.5 trillion in wealth, while the poorest 10% had accumulated just $2.5tn.
In contrast, the wealth of the poorest half of households fell by about $3,600 over the same period.
The CEP study also found the UK’s wealth gap has narrowed significantly since the financial crisis.
It shows that the net worth gap between people in the top 1% of the wealth distribution has halved over the period.
This was the case for the wealthiest 5%, the report says.
But it says the wealth divide is more pronounced in the poorest 50% of individuals, with the gap increasing by $9,000 over the decade.
In other words, the poorest fifth of the population has seen their wealth fall by a staggering $5,000.
The report, written by economists at the Centre on Wealth and Poverty at the University of St Andrews, also says that the UK has become less unequal than it was at the start of the crisis.
While the report found that a higher proportion of British households are now earning more than £40,000, the average household income is £32,000 and the top 5% have seen their share of the country’s wealth increase by more than $2,500.
This means that wealth inequality has narrowed in the last 10 years, with a growing proportion of households in the middle of the income distribution having seen their income increase, and a growing share of income going to the richest 5%.
The CEB says the data show that inequality is lower in the richest 20% of Britain’s households.
The study said that it was important to look at the overall distribution of wealth, rather than just the richest and poorest.
It noted that the average wealth of a typical British household is now around $11,000 (a rise of more than 3,000% since the 2008 financial crisis).
The report also found there is no evidence that the country has lost its sense of fairness, with wealth distribution still skewed in favour of the top 10% and those with higher incomes.
The authors added that the analysis also found:The average net worth (net worth minus debt) of a UK household is £16,000 per person.
This is more than twice as much as it was 10 years ago, and is twice as high as it used to be 10 years before that.
The average wealth per person is $35,000 today.
This rises to $53,000 in 2030, $61,000 by 2040 and $73,000 on the eve of Brexit.
The top 1%.
In contrast to the CEP’s findings, a report released earlier this month by the Institute for Fiscal Studies, the think-tank which tracks inequality, found that while the richest 1% are now holding more wealth, the share of that wealth held by the bottom 99% has remained relatively stable over the last decade.