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Monthly News from The Equality Trust

The Equality Trust works to improve the quality of life in the UK by reducing income inequality.

 

 Because more equal societies work better for everyone

may 2016

Dear ,

If, like us, you’re fed up of hearing that only the rich bear the burden of contributing to society, then you may be interested in our latest work. This month we revealed that the poorest actually pay more of their income in tax than the very richest (featured in the Daily Mirror and the New Statesman). The poorest 10% pay 47% of their income in tax, while the richest 10% pay just 34%. It’s a fact that highlights just how ludicrous is the claim that only the richest prop up the services that keep our country running.

These after-tax inequalities are also geographical: new figures revealing the regional disparities in household disposable income saw Leicester – in contrast to its Premier League success – come in at the bottom of the table. Residents of areas like Kensington and Chelsea have an average disposable income almost four times as great. Our comments in the Guardian and the Daily Telegraph pointed out that a modern, dynamic economy cannot allow some regions to flounder while others streak away. We cannot hope to tackle these regional inequalities without tackling the huge gap between the rich and the rest of us.

As well as tackling statistics, we launched our brand new series of exclusive videos from inequality experts, commented for the Yorkshire Post on new research showing privately educated pupils are healthier in middle age than their state-educated counterparts, and our Acting Director John Hood addressed inequality myths at an event hosted by the Al-Mizan Trust. Please support us to keep all this work going, and to help make the UK a fairer and better place to live.

We also blogged on:

Last but certainly not least, The Equality Trust is excited to be recruiting a new director. The job pack and details on how to apply are here – please share with your networks to help us get an ambitious director to lead our work for a more equal society!

LATEST LOCAL GROUP NEWS

Everyone's gearing up for Local Groups Day 2016 on Saturday 18th June in central London and, elsewhere, the groups are slowing down cars, advising the Mayor and generally reaching out into their communities. More details here...

KEY DEVELOPMENTS AND REPORTS

New statistics from the ONS revealed the prevalence of low incomes in the UK, with 3.9m people in persistent poverty and a growing overall poverty rate.

The ONS showed once again how households along the income spectrum fare in our tax and benefits system. Check out our new briefing note on the figures here.

The IMF warned that neoliberalism is increasing inequality and stunting economic growth.

INEQUALITY IN THE NEWS

The anonymous whistle-blower behind the Panama Papers data leak released a statement saying income inequality is ‘one of the defining issues of our time’, and more information was released.

A victory for all of us in cattle class? First class allocation on trains could be reduced to ease overcrowding.

Tesco staff received a 5% bonus, while their CEO enjoyed a 250% bonus.

A new report from charity Independent Age revealed that nearly 1 million over-75s are living in poverty.

BEST INEQUALITY READS

Ben Chu in the Independent wrote a good article on how the ‘Bank of Mum and Dad’ is driving wealth inequality, arguing that the housing crisis is about poor families versus rich families.

‘A meritocracy would invariably cannibalise itself through the unequal outcomes it generated,’ wrote James Bloodworth. He outlines the argument of his new book, which calls for a more egalitarian society.

Thank you so much for your ongoing support which helps to keep our campaign going. Regular financial support enables us to plan our work better but further one-off contributions are also most welcome. You can also support our work by forwarding this bulletin to people you know who might be interested. Thank you!

 

 

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The Equality Trust
1 Addington Square
London, SE5-0HF
United Kingdom

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