Friday, December 29, 2017

A bad year for us, a good year for them

Home ownership in England fell to its lowest level in more than 30 years

Prices started rising faster than pay - meaning on average people were getting a little poorer every day.

At current rates, it would take 15 years to narrow the ability gap between rich and poor at the age of five, 20 years for wages to return to the same level in real terms as they were before the crash and 80 years to close the gap in higher education participation rates.

But for the capitalists, the UK stock market broke through a price barrier it set back in 1999. 

Dividends from UK companies increased 17.5% in the three months to September, the biggest rise anywhere in the world

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