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Stagnant Britain should stop pretending it is a rich country

Despite a magnificent legacy from its industrial and imperial past and a handful of elite universities and companies that keep Britain on the cutting-edge of new technologies such as AI and vaccines, the wealth is highly concentrated among a tiny elite. Real household income hasn’t increased for the past 15 years. The average UK household is 20% poorer than its peers in northwestern Europe.

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​ Despite a magnificent legacy from its industrial and imperial past and a handful of elite universities and companies that keep Britain on the cutting-edge of new technologies such as AI and vaccines, the wealth is highly concentrated among a tiny elite. Real household income hasn’t increased for the past 15 years. The average UK household is 20% poorer than its peers in northwestern Europe. Despite a magnificent legacy from its industrial and imperial past and a handful of elite universities and companies that keep Britain on the cutting-edge of new technologies such as AI and vaccines, the wealth is highly concentrated among a tiny elite. Real household income hasn’t increased for the past 15 years. The average UK household is 20% poorer than its peers in northwestern Europe.  Moneycontrol Latest News Read More  

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