Where do you site ? Find out by going to http://www.ifs.org.uk/wheredoyoufitin/. Or have a look at this article which has a great graph for 2006/7 income distribution (£ per week). http://tutor2u.net/blog/index.php/economics/comments/life-in-the-middle-income-distribution-in-the-uk/ £377 x 52 = £19,604 £473 x 52 = … Continue reading
Category Archives: Finance & Economics
Some great photos from 2011
Great shots, but sad to see that so many relate to war, riots, demonstrations and environmental disasters. http://www.buzzfeed.com/mjs538/the-most-powerful-photos-of-2011
Archbishop of Canterbury says riots will return unless we reach out to young
This was posted by a friend on FaceBook: Rowan Williams, Archbishop of Canterbury, is recognising the issue properly and is calling for change. This is a good article about his views: http://www.guardian.co.uk/uk/2011/dec/05/riots-return-young-archbishop-canterbury?fb=native&CMP=FBCNETTXT9038 Archbishop of Canterbury says riots will return unless we … Continue reading
How much do you need to earn to be in the UK 10%
An annual income of £44,000 puts you in the top 10% of UK earners ! I was listening to a BBC Radio 4 programme and up popped a figure that surprised me. So I checked it out and it seems … Continue reading
According to the rioters, what caused the summer 2011 UK riots ?
http://news.bbc.co.uk/1/hi/programmes/newsnight/9655089.stm This report shows that after the LSE conducted thousands of interviews there was a consistent feeling from those rioting, that they were at last getting their own back on the police and the system / government who they feel has … Continue reading
Inequality has risen faster in Britain than in any other rich country
While inequality has risen in almost every OECD member state, nowhere has it risen faster than in the UK. Given that there is a direct link between increased inequality and increased social and other problems, for all (ie rich and … Continue reading
This made me think what we can do about problems (sorry challenges).
The photo is from the amazing www.underwatersculpture.com/pages/gallery/latest-works.html
Socialist drinking
Also sent to me, by the same friend who sent me the article on “Punish the rich, hurt everybody“. An interesting way to consider how it is easy to consider the contribution. For me, a key concept that if you … Continue reading
Punish the rich, hurt everybody
An interesting article this week’s issue of The Spectator (sent to me) in response to a discussion we were having that it’s both ends that need dealing with. At the bottom the social security safety net gets abused by some, at the top, … Continue reading