80% of UK companies and public sectors organisations pay women less than men.Read more
According to data gathered by the ONS, based on a survey between June 2012 and July 2014, of the four key wealth components (physical wealth, financial wealth, property and pensions), inequality was the lowest for physical wealth, with a Gini coefficient 0.45. This is due to the fact that even those with relatively low levels of wealth have some physical assets, such as cars and electrical appliances.
In contrast, inequality is the highest for the net financial wealth (gross financial wealth minus financial liabilities), with a Gini coefficient 0.91. In terms of property wealth, the survey indicated that property inequality had worsened by the greatest extent over the period covered.
What exactly is the 'most favoured nation' rule?Read more
Regulators find leading model agencies guilty of price fixing.Read more Read more
Costs and benefits of customs unions.Read more
Savings ratio falls to lowest level on record.Read more