This ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says reportUK politics live – latest updatesBusiness live – latest updatesThe wealth of Britain’s 157 billionaire...
See moreThis ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says report
The wealth of Britain’s 157 billionaires is now equivalent to more than a fifth of the country’s entire GDP, according to analysis by the Equality Trust – a fivefold increase since 1990.
The charity describes the trend, based on data in this year’s Sunday Times rich list, as Britain’s “ghost GDP”: headline economic growth increasingly disconnected from everyday life.
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This ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says reportUK politics live – latest updatesBusiness live – latest updatesThe wealth of Britain’s 157 billionaire...
See more