(I came across this in an article, and I thought I'd jot the main points down here, so I can find them again later.)
- There are 30 million incomes in Britain
- the top 10% (3m people) earn on average £105k before tax (so that's me out then)
- the top 1% earn on average £253k
- the top 0.1% (30,000 "super-rich") earn more than £500k a year, with an average of £1.1m
The combined income of this 30,000 is £33bn - or 4% of all personal income in Britain. Slightly obscene? I think so ...Source: David Goodhart, Prospect, Aug 2007.