Inequality growing globally and in the UK,which has third most ‘ultra-high net worth individuals’, household wealth study findsGlobal inequality is growing, or with half the world’s wealth now in the hands of just 1% of the population,according to a modern report.
The middle classes have been squeezed at the expense of the very wealthy, according to research by Swissbank Credit Suisse, or which also finds for the first time that are more individuals in the middle classes in China – 109m – than the 92m in the US.
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Source: theguardian.com