{"id":4588,"date":"2015-04-09T08:04:08","date_gmt":"2015-04-09T08:04:08","guid":{"rendered":"http:\/\/www.dannydorling.org\/?p=4588"},"modified":"2022-09-22T20:50:17","modified_gmt":"2022-09-22T20:50:17","slug":"growing-gap-between-middle-income-earners-and-top-1","status":"publish","type":"post","link":"https:\/\/www.dannydorling.org\/?p=4588","title":{"rendered":"Growing gap between middle-income earners and top 1%"},"content":{"rendered":"

They might think they are comfortably well-off. But middle-income Britons are poorer relative to the super-wealthy than their counterparts anywhere else in Europe \u2013 a phenomenon largely blamed on the bumper pay packets of British bankers.
\nOxford University research shows middle-earning households have an annual income of \u00a326,000 \u2013 only slightly lower than France and Germany.
\nHowever, the gap between those in the middle and the super-wealthy in the UK is so vast, the typical Briton is much poorer in comparison. EU statistics on income and living conditions show that, in 2012, the top 1 per cent of households here had an annual income of \u00a3360,000 \u2013 14 times more than the \u00a326,000 of the middle-earners.
\nIn France, those at the top had an income of \u00a3270,000 \u2013 about ten times more. The \u00a3180,000 of the top 1 per cent in Germany is just seven times higher.
\nGeographer Danny Dorling\u2019s figures, published in the journal Applied Geography, relate to household incomes, rather than individuals.<\/p>\n