Briefing • 11 April 2014
Briefing 26: Almost one third of wealth in the UK is inherited, not earned
Wealth in the UK is unequal because some people inherit so much more than others
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Explaining the data:
This is important because wealth ownership in the UK is incredibly unequal and inherited wealth only goes to the richest few. Most people don’t own any wealth whatsoever, while only 13% inherit anything. The original data come from HMRC statistics on inherited estates, and the Attitudes to Inheritance Survey.
Tagged under: inheritance, life chances, social mobility, wealth inequality
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