Topic filter : Inequality

Most trending topics in Business & Finance ( last 24 hours ):
Tesco Super-rich Luxury Homes Luxury 21st Century Fox Rupert Murdoch Donald Trump Middle East CCTV Marketing Investment Debt Acquisition Foreign Investment Football Club Retailer Referendum Holiday EU Referendum Labour Government Job Employee McDonald Inheritance Inheritance Tax Stock Market Airline Travel

Socially Most Trending News

....Building a better future depends on seeing this clearly. Take the need to reduce inequality, which many now accept is urgent. ... [Read full article on Guardian ]
Monday 14th of August 2017 07:00:36 AM
Total Trend count
16
Most trending on :
11 4 1
.... But they now have the evidence and analytical capability to do so. It is in their power to avert more disappointments, tap into sources of sustainable growth and tackle today’s alarming levels of inequality. ... [Read full article on Guardian ]
Thursday 17th of August 2017 11:15:17 AM
Total Trend count
9
Most trending on :
5 4
....6% now expected for many – the biggest annual increase in five years, at a time when average wages aren’t going up – there are fresh calls for a freezing of rail fares and nationalisation. Reasonable as this rage may feel, it masks a more important story about our transport system: it is an important driver of inequality. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 08:59:24 AM
Total Trend count
8
Most trending on :
8
.... In England the coalition’s controversial Health and Social Care Act 2012 places the health secretary under “an overarching duty to have regard to the need to reduce inequalities between the people of England with respect to the benefits that may be obtained by them from the health service”. But as David Buck, the expert who has analysed how the government’s 15 key measures of health inequality have been faring since the coalition’s early years, points out, the phrase “have regard to” is vague and non-directive. ... [Read full article on Guardian ]
Saturday 12th of August 2017 09:00:03 PM
Total Trend count
3
Most trending on :
3

Latest Finance News related to Inequality

Why haven't politicians learned from the financial crisis? | Mohamed El-Erian image
.... But they now have the evidence and analytical capability to do so. It is in their power to avert more disappointments, tap into sources of sustainable growth and tackle today’s alarming levels of inequality. ...
Trains are too expensive. But transport’s real problem is subsidies for London | Wanda Wyporska image
....6% now expected for many – the biggest annual increase in five years, at a time when average wages aren’t going up – there are fresh calls for a freezing of rail fares and nationalisation. Reasonable as this rage may feel, it masks a more important story about our transport system: it is an important driver of inequality. ...
Forget GDP – there’s more to Britain’s wealth than its bank balance | Julian Baggini image
....Building a better future depends on seeing this clearly. Take the need to reduce inequality, which many now accept is urgent. ...
The growing gulf in life expectancy shows how austerity has deepened inequalities image
.... In England the coalition’s controversial Health and Social Care Act 2012 places the health secretary under “an overarching duty to have regard to the need to reduce inequalities between the people of England with respect to the benefits that may be obtained by them from the health service”. But as David Buck, the expert who has analysed how the government’s 15 key measures of health inequality have been faring since the coalition’s early years, points out, the phrase “have regard to” is vague and non-directive. ...
Let’s move to Preston, Lancashire: parched peas and plenty of trains image
Source : Guardian [Read Article] Friday 11th of August 2017 03:30:19 PM
....The case against It’s going to be a long slog. Poverty and inequality still haunt the city. ...
Jacques Delors foresaw the perils of austerity. How we need his wisdom now | Mark Seddon image
....This has to change, not least to put an end to the disruptive forces of extreme nationalism, racism and division. These evils thrive when levels of inequality begin to mirror those of the Great Depression and when trade unions are as weak as they are in countries such as Britain and the US. ...
Amazon paid just £15m in tax on European revenues of £19.5bn image
Source : Guardian [Read Article] Thursday 10th of August 2017 08:15:53 AM
....46bn. Ana Arendar, Oxfam’s head of inequality, said: “Despite some action by ministers and companies, widespread corporate tax avoidance continues to cost both rich and poor countries billions every year that could pay for schools and lifesaving healthcare. ...
Britain’s young suffer as austerity continues to take its toll | Letters image
.... Is it not incumbent upon all judges, archbishops, lords, and even some “celebrities”, to make their voices heard? If the “brand” is indeed to be “reinvented”, royals also could be doing more than “championing mental-health charities” (The royals, a brand reinvented by the millennial generation, 5 August). It is not only our MPs who should be feeling embarrassed by the huge inequality and unfairness that has been allowed to pervade society in the fifth-richest country in the world. ...
'Pensioners have NEVER had it so good' Retiree income better than workers' earnings image
.... "In the last 40 years, the average pensioner has catapulted out of the lowest income bands, and has even begun to close the gap on average incomes received by the working population. "However, despite the increase in disposable income, inequality has grown in recent years between those who have a private pension and those who do not. ...
Pensioners living in golden era as income rise outstrips workers’ image
Source : Guardian [Read Article] Tuesday 8th of August 2017 12:47:17 PM
....However, retired workers relying on a state pension have fared much worse than those with private schemes. The ONS figures showed that inequality between rich and poor pensioners has widened significantly since 1977. ...
Why 'economic anxiety' doesn't explain One Nation and the far-right's return | Greg Jericho image
....By contrast, the paper found that in Sydney, Melbourne and Adelaide “income growth per person was highest in areas closest to the city centres and typically below average in suburban areas”. But, in terms of inequality, it is the inner city areas that suffer the most. ...
Minority ethnic families earning up to £8,900 less than white Britons image
.... The income growth for Bangladeshi households, for example, was nearly three times the rate of white British families, while Pakistani households also made up some ground. Theresa May promised during the general election to tackle the “injustice” of pay inequality, saying firms should be made to disclose how pay rates vary by ethnicity. ...
Nissan dispute could go down as most vicious anti-union crusade in decades | Bernie Sanders image
.... Today, that number has gone down to just 11%, and in the private sector it is less than 7%. And as corporations and Republican politicians succeed in decimating the right of workers to bargain collectively for better wages and benefits, the American middle class, once the envy of the world, is disappearing while income and wealth inequality is soaring. ...
The Guardian view on Grenfell and the housing crisis: no more excuses | Editorial image
.... That means confronting greedy developers who hoard land, release homes slowly and build only the most expensive ones; being bold about admitting that house prices will have to fall; and returning to local authorities the powers they need for volume housebuilding. Grenfell exposed the grotesque inequality that will only be solved when councils like Kensington and Chelsea start constructing homes in serious numbers. ...
Millions of women hit by pensions gender gap  image
Source : Daily Express [Read Article] Sunday 30th of July 2017 11:20:00 AM
....Of these, more than half reported having less than £10,000 in their pot, compared to just one in three men. Drewberry director Tom Conner says this highlights the worrying level of fi nancial inequality between men and women. ...
Aberdeen to be worst hit by Brexit but all British cities will suffer – report image
....Less affluent cities could struggle to respond to the economic shocks of Brexit, despite being less directly impacted in the short term. The difference in urban areas’ ability to adapt could exacerbate existing inequality, researchers found, drawing parallels with the 2008 financial crisis, in which London and south-east England were hit hardest but recovered more strongly than other areas. ...
Donald Trump's tax cuts for the rich won't make America great again | Joseph Stiglitz image
. Although America’s rightwing plutocrats may disagree about how to rank the country’s major problems – for example, inequality, slow growth, low productivity, opioid addiction, poor schools, and deteriorating infrastructure – the solution is always the same: lower taxes and deregulation, to “incentivise” investors and “free up” the economy. ...
Why not fund the welfare state with a 100% inheritance tax? | Abi Wilkinson image
....In the UK, official statistics suggest around £77bn is passed on in inheritance each year (tax avoidance means the real amount could be even higher). That’s money that no living being has a moral claim to, according to standard justifications of wealth inequality and private property. ...
After the pay furore, the BBC now has a chance to be a beacon for fairness | Will Hutton image
.... As it became clear that the BBC’s female presenters were paid much less than their male counterparts, sometimes dramatically so, the argument moved from BBC excess to the fairness with which it treats its male and female talent. Assessing fair pay can be tricky, but that’s hardly the case when there is such glaring gender salary inequality. ...
Race for political centre is futile, Labor needs to be more progressive | Greg Jericho image
.... Shorten needs to keep pushing for people to realise the debate is about more than that – that it needs to be as much about equality. In the speech he argued that “inequality kills hope. ...
The government has got it wrong on pensions | Letters image
Source : Guardian [Read Article] Friday 21st of July 2017 05:14:02 PM
....Paul GriseriLa Genetouze, France. • Your report (Top 1% of households in UK fully recovered from financial crisis, 15 July) exposes a shocking level of inequality across society, but is at risk of unhelpfully pitting younger against older generations in a debate that’s far more complex. ...
How far would you go to give your children a better chance in life? image
Source : Guardian [Read Article] Thursday 20th of July 2017 08:05:26 AM
....If you’re a parent anywhere in the world – or even if you’re not – we’d like to hear from you about the choices you’ve made, or one day intend to make, on behalf of your children. Given the choice of giving your kids a leg-up in life, were you (or will you be) still willing to expose them to a level playing field? Do you worry you’re entrenching inequality if you secure a spot for your children at an exclusive school, or use a contact to get your child a work internship?. ...
Incomes in south-east of England 'are 25% higher than in West Midlands' image
. The TUC has demanded action from the government to close Britain’s regional inequality divide after a report showed that incomes in the Midlands, Wales and the north of England are no higher than they were in the south-east two decades ago. ...
Peak car? Driverless technology may actually accelerate car ownership image
Source : Guardian [Read Article] Tuesday 18th of July 2017 06:00:12 AM
.... The same holds for small operators in the freight and service sectors, including white van drivers. At a time when many investments in public transport and cycling in UK cities contribute to gentrification and disproportionately favour the middle classes, as with HS2 and most bike-sharing schemes, AV developments risk further increasing transport’s role in enhancing social inequality. ...
Trump's tax proposal would push US below Greece on inequality index image
Source : Guardian [Read Article] Sunday 16th of July 2017 11:01:34 PM
. Donald Trump’s tax reform plans would, if enacted, increase the gap between rich and poor Americans and see the US slip below Greece on a new global index of inequality. ...
The Guardian view on the 1%: all gain, no pain | Editorial image
Source : Guardian [Read Article] Sunday 16th of July 2017 06:59:34 PM
.... This has happened while there’s been a quiet secession of the successful. All the rise in inequality is due to this group racing away with the goodies from the economy, while the rest of us are being squeezed closer together. ...
Top 1% of households in UK fully recovered from financial crisis image
Source : Guardian [Read Article] Friday 14th of July 2017 11:01:36 PM
.... They are the only group that had so far failed to see incomes return to pre-crisis levels. The thinktank said the report highlighted a country increasingly divided by age, by housing tenure and by inequality – and that all three factors had been important in the shock election result in which Labour gained 30 seats and deprived the Conservatives of an overall majority. ...
Why a population of, say, 15 million makes sense for Australia image
Source : Guardian [Read Article] Tuesday 11th of July 2017 04:54:13 AM
.... Based on the work of the US economist Herman Daly in the 1970s and 80s, GPI takes into account different measures of human wellbeing, grouped into economic, environmental and social categories. Examples on the negative side of the ledger include income inequality, CO2 emissions, water pollution, loss of biodiversity and the misery of car accidents. ...
British PR firm Bell Pottinger apologizes for South Africa campaign image
Source : Guardian [Read Article] Monday 10th of July 2017 07:42:03 PM
....Eleven days later, a user called Oakbay Rep edited the page to make the suggested changes. Twenty-three years after Nelson Mandela became president, economic inequality between the races remains stark, and according to the economist Thomas Piketty, has in some ways increased since the end of apartheid. ...
Risk of poverty in UK greater when father is sole breadwinner, finds IFS image
....The Treasury said the government had taken action to help working families. “Income inequality is now at its lowest level since the mid-1980s and our reforms to the tax system mean hardworking people are keeping more of what they earn. ...
Facebook village? Social media giant to build 'social housing' image
Source : Guardian [Read Article] Sunday 9th of July 2017 06:56:57 PM
....The huge influx of staff at Facebook and other large tech companies has forced thousands of key workers out of the area and many teachers, cleaners and support staff battle through miles of congested highways to work each morning. Tech workers are often bussed to offices in company-branded vehicles, angering local people who are concerned about growing inequality in the area. ...
Detroit is 'booming' again. You have to be rich and powerful to notice, though | Bankole Thompson image
. In his magnum opus, The Wealth of Nations, Adam Smith writes that “Whenever there is great property there is great inequality. ...
How much?? image
Source : BBC [Read Article] Tuesday 4th of July 2017 10:26:38 PM
.... They're going to need a nursery, pre-prep, prep and a senior school," he explains. Whether or not these arrangements are simply perpetuating inequality, Mr Bonas argues that they are of long-term benefit to the UK, and not just because of the economic boost. ...
How privatization could spell the end of democracy image
Source : Guardian [Read Article] Wednesday 21st of June 2017 08:00:25 AM
.... Yet other places around the world have implemented them with great success. When Oxfam surveyed more than 100 countries, they discovered that public services significantly reduce economic inequality. ...
Property owners' £2.3tn windfall 'has created huge inequality gap' image
Source : Guardian [Read Article] Tuesday 20th of June 2017 05:01:01 AM
....A £2. 3tn windfall for those lucky enough to own their own homes during the property boom of the 1990s and early 2000s has opened up a deep and widening inequality gap between the generations, a thinktank has warned. ...
Did you hear the one about the inequality and the thinktank? image
Source : Guardian [Read Article] Monday 19th of June 2017 11:28:57 AM
....”. This gag has been doing the rounds for a bit now and tends to be trotted out when the topic of inequality comes up – which means that there is a fair chance that someone might give it a run out at the Resolution Foundation this week, as the thinktank launches new research into “the wealth of our nation: who owns what in 21st-century Britain”. ...
BIS warns rolling back globalisation would be ‘detrimental’ image
Source : Guardian [Read Article] Sunday 18th of June 2017 05:41:55 PM
. The international body that represents the world’s central banks has claimed that globalisation has been made a “scapegoat” for rising inequality, as it launched a defence of closer cross-border ties. ...
Wealth gap rises as home ownership falls, says study image
Source : Guardian [Read Article] Saturday 17th of June 2017 07:06:21 PM
. A fall in home ownership is fuelling the return of rising wealth inequality across Britain, it has emerged. ...
The study that shows life is a lot more unequal than you (probably) think image
. Which matters more: actual levels of inequality, or the levels that people perceive to exist? There is now clear evidence that perceptions of inequality have a profound impact on societies all over the world – and that people aren’t very good at judging the reality for themselves. ...
How to respond to Trump's America | Joseph Stiglitz image
Source : Guardian [Read Article] Friday 2nd of June 2017 01:29:00 PM
.... And his bigotry toward women, Hispanics, and Muslims (except those, like the rulers of Gulf oil sheikhdoms, from whom he and his family can profit), threatens the functioning of American society and its economy, by undermining people’s trust that the system is fair to all. As a populist, Trump has exploited the justifiable economic discontent that has become so widespread in recent years, as many Americans have become downwardly mobile amid soaring inequality. ...
Super-rich evade on average nearly third of their due tax image
Source : Guardian [Read Article] Thursday 1st of June 2017 05:20:31 PM
....”. The researchers, led by Annette Alstadsaeter, said their goal was to “correct global inequality statistics in a systematic way so as to better capture the very rich”. ...
Urinating dog joins Wall Street statue row image
Source : BBC [Read Article] Tuesday 30th of May 2017 05:26:11 PM
....On the eve of International Women's Day in March this year, Wall Street's iconic Charging Bull statue was joined by a defiant little girl. She faces down the much larger bull, hands on hips, and was commissioned to highlight gender inequality. ...
Whole Foods represents the failures of 'conscious capitalism' | Nicole Aschoff image
....The Whole Foods founder penned his treatise in response to the growing consensus that capitalism is doing irreparable harm to the planet and the people who live on it. Our for-profit system is increasingly viewed as a zero-sum game in which ecological destruction, climate change and rising inequality are firmly linked to the rapacious behavior of multinational corporations. ...
Far from ‘strong and stable’, May’s economic plan is weak and unstable image
.... The prime minister’s rapid U-turn has raised doubts about whether she will be Mrs T redux in the Brexit negotiations. Finally, austerity fatigue and a leftward shift in public opinion on issues such as inequality and nationalisation, meant Labour won the battle of the manifestos. ...
This election ignores the most pressing issue: our economic outlook is disastrous | Laura Gardiner image
....The shift away from living standards as an election-defining issue might be because on the fundamental question of whether families will be better or worse off in the coming years, the outlook is disastrous. We’re facing down a parliament containing the toxic combination of stagnant incomes overall, falling incomes for the poorer half of the population and the biggest increase in inequality since Thatcher. ...
Labour’s hope doesn’t usually play well in an age of anxiety image
Source : Guardian [Read Article] Saturday 27th of May 2017 04:00:32 PM
....It might be pointed out that Harold Wilson’s two victories in 1974 were narrow and came against a backdrop of steeply rising inflation, strikes and bank collapses, which ostensibly disproves the trend. That would be true if it weren’t for the broader factors that meant the 1970s were Britain’s happiest decade, characterised by low levels of inequality and technological advancements that only seemed to enhance living standards. ...
The economy is stagnant because people fear for the future | Robert Shiller image
.... A recent paper by New York University’s Julian Kozlowski, Laura Veldkamp and Venky Venkateswaran argues that it is rational to harbour such fears, because once a formerly unthinkable event actually occurs, one is justified in not forgetting it. My own theory about today’s stagnation focuses on growing angst about rapid advances in technologies that could eventually replace many or most of our jobs, possibly fueling massive economic inequality. ...
Could citizens’ wealth funds halt the dominance of the financial elite? image
.... They could have boosted infrastructure spending without the need to borrow, paid for regeneration in poorer areas, or funded a generous annual dividend paid to all citizens. Crucially, such funds offer a new instrument for tackling the UK’s extreme level of inequality. ...
Reproductive rebels image
Source : BBC [Read Article] Sunday 21st of May 2017 11:17:43 PM
.... . Gender inequality in Japan is widely reckoned to be worse than anywhere else in the developed world, with women continuing to struggle for recognition in the workplace. ...
The Guardian view on the economy: it’s bad | Editorial image
Source : Guardian [Read Article] Wednesday 17th of May 2017 06:48:00 PM
.... Britain’s recent experience seems to support what Thomas Piketty predicted in his bestselling book Capital in the 21st Century, namely that in an era of slow growth the owners of capital will fare better than those who rely on their wages and salaries to generate higher living standards. Greater inequality will result unless action is taken to prevent the concentration of wealth. ...
Labour manifesto: Extra £48.6bn in tax revenue to fund pledges image
....5% surcharge while salaries above £500,000 will be charged at 5%. Labour has said the move, designed to reduce pay inequality by bearing down on "very high pay", will only apply to firms with "high numbers of staff". ...
Labour reveals 'fat cat' tax pledge aimed at reining in excessive pay image
....5% levy on earnings above £330,000 and 5% on those above £500,000. Labour will justify the move – that will hit employers rather than workers and be calculated on the basis of basic salary, shares, bonuses and pensions rolled together – by claiming inequality is damaging society. ...
Battle ground image
Source : BBC [Read Article] Sunday 14th of May 2017 01:14:58 AM
.... There is also a large system of benefits that increase the incomes of poorer households. There are two reasons income tax revenues are so concentrated at the top: inequality and the way taxes are designed - there are higher rates for higher earners. ...
Mohamed El-Erian: ‘We get signals that the system is under enormous stress’ image
....This is the nub of El-Erian’s analysis of why the developed world is approaching a fork in the road. The inequality generated by the current low-growth climate has three elements: inequality of wealth, income and opportunity. ...
Theresa May is creating an epidemic of poverty. Don’t give her a free hand | Gordon Brown image
.... She intends to claim the result as a mandate for much else. And Britain cannot afford to give her carte blanche on the parlous state of the NHS, the biting cuts in education, the threats to civil liberties and our rising inequality. ...
The German economy is unbalanced – but Trump has the wrong answer image
....Most of all, more investment in infrastructure, health, and education would be good for Germany itself. Well-targeted public investment can raise productivity and boost living standards, ameliorate concerns about inequality, and address Germany’s economic weaknesses. ...
'Brexit boom' creates record number of UK billionaires image
Source : Guardian [Read Article] Sunday 7th of May 2017 12:20:36 PM
....“Record numbers of people visited food banks last year, millions are locked out of a decent home and two-thirds of children in poverty are in working households. “We know that inequality damages our economy and society, and makes it harder for ordinary people and their children to get on. ...
Bank of Mum and Dad is a major financial player - but could it be about to go bust? image
.... . Legal & General chief executive Nigel Wilson says as intergenerational inequality widens, the Bank of Mum and Dad is plugging the gap: “Younger people do not have the same opportunities that the baby-boomers had, including affordable housing, defined benefit pensions and free university education. ...
Automation poses a high risk to 1.2m Scottish jobs, report says image
...."To respond to the huge changes facing Scotland around demographic, technological and climate change - and of course Brexit - we're going to have to focus on retrofitting the current workforce to provide them with the skills they need, to deliver the inclusive economic growth we wish to see. "Our report makes a number of recommendations to help Scotland plot a path through these challenges, to reform the skills system in Scotland, to help to secure an economy that delivers fairness and reduces inequality. ...
The Great Recession hurt millions. Now, Republicans want to risk a repeat | Keith Ellison image
.... It’s a lie to say those two things are mutually exclusive. Prudent regulation enables prosperity; letting Wall Street rig the rules results in stagnation and inequality. ...
The science of inequality: why people prefer unequal societies image
Source : Guardian [Read Article] Thursday 4th of May 2017 08:00:04 AM
. Anyone looking for evidence that people have a natural aversion to inequality will find numerous laboratory studies that seemingly confirm their view. ...
Voices of the 1%: how do Britain's highest earners feel about their income? image
.... “While recognising their advantage compared to the general population, they experience disadvantage when ‘looking up’,” Hecht writes. “In their daily lives, [the top 1%] are surrounded by vast absolute income inequality, because the differences between top income earners are much higher than those between individuals situated in the middle of the distribution. ...
Bank of Mum and Dad helps QUARTER of home buyers on to propery ladder image
Source : Daily Express [Read Article] Tuesday 2nd of May 2017 01:08:00 PM
....Legal & General chief executive Nigel Wilson said: "The Bank of Mum and Dad continues to grow in importance in helping young people take their early steps on to the housing ladder. "The inter-generational inequality that creates the demand for Bank of Mum and Dad funding continues to widen - younger people today don't have the same opportunities that the Baby-Boomers had, including affordable housing, defined benefit pensions and free university education. ...
Bank of mum and dad 'involved in 26 per cent of property transactions in 2017'  image
.... . “The inter-generational inequality that creates the demand for Bank of Mum and Dad funding continues to widen - younger people today don't have the same opportunities that the Baby-Boomers had, including affordable housing, defined benefit pensions and free university education. ...
Are your parents helping you to buy your first home? image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 09:25:58 AM
....5bn this year to help them get on to the property ladder, according to research by Legal & General and economics consultancy Cebr. The ‘bank of mum and dad’ shows “intergenerational inequality” widening among those who can afford to help their children and those who can’t. ...
Theresa May promised to tackle greedy bosses – instead she’s helping them | Polly Toynbee image
.... Will that go the way of her promise to put workers on boards – “Because we are the party of workers” – an idea hastily abandoned once she was inside No 10?. The IFS warns that May’s regime is set to cause inequality to rise as steeply as it did under Margaret Thatcher. ...
'Bank of mum and dad' to lend £6.5bn this year, report predicts image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 05:01:18 AM
.... This is not a good thing, nor is it sustainable or equitable for our parents [the lenders] or young people [the borrowers]. “The intergenerational inequality that creates the demand for [parental] funding continues to widen – younger people today don’t have the same opportunities that the baby boomers had, including affordable housing, defined benefit pensions and free university education. ...
Can Emmanuel Macron solve France's economic riddle? | Larry Elliott image
Source : Guardian [Read Article] Sunday 30th of April 2017 10:23:32 AM
....It is not all bad news. France has good productivity, a strong industrial base and levels of inequality similar to those in Germany and the Netherlands, but much lower than in the UK and the US. ...

Page rendered in 1.9472 seconds.