{"id":14664,"date":"2014-05-16T10:46:49","date_gmt":"2014-05-16T09:46:49","guid":{"rendered":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=14664"},"modified":"2014-05-16T10:46:49","modified_gmt":"2014-05-16T09:46:49","slug":"how-the-rich-get-richer-and-richer-and-richer","status":"publish","type":"post","link":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/?p=14664","title":{"rendered":"How the rich get richer and richer &#8211; and richer"},"content":{"rendered":"<p>In <a href=\"http:\/\/www.theguardian.com\/uk-news\/2014\/may\/15\/britains-richest-1-percent-own-same-as-bottom-55-population\">this news story<\/a>, it is explained that:<\/p>\n<blockquote><p>Britain&#8217;s richest 1% have accumulated as much wealth as the poorest 55% of the population put together, according to the latest official analysis of who owns the nation&#8217;s \u00a39.5tn of property, pensions and financial assets.<\/p>\n<p>In figures that also lay bare the extent of inequality across the north-south divide, the Office for National Statistics said household wealth in the south-east had been rising five times as fast as across the whole country.<\/p><\/blockquote>\n<p>How should we react to such inequality? This is one response:<\/p>\n<blockquote><p>Rachael Orr, Oxfam&#8217;s head of poverty in the UK said the figures were a &#8220;shocking chapter in a tale of two Britains&#8221;.The charity recently reported that five billionaire families controlled the same wealth as 20% of the population.<\/p>\n<p>&#8220;It is further evidence of increasing inequality at a time when five rich families have the same wealth as 12 million people,&#8221; she said. &#8220;We need our politicians to grasp the nettle and make the narrowing gap between the richest and poorest a top priority. It cannot be right that in Britain today a small elite are getting richer and richer while millions are struggling to make ends meet.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>In this news story, it is explained that: Britain&#8217;s richest 1% have accumulated as much wealth as the poorest 55% of the population put together, according to the latest official analysis of who owns the nation&#8217;s \u00a39.5tn of property, pensions and financial assets. In figures that also lay bare the extent of inequality across the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14664","post","type-post","status-publish","format-standard","hentry","category-british-current-affairs"],"_links":{"self":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/14664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14664"}],"version-history":[{"count":3,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/14664\/revisions"}],"predecessor-version":[{"id":14667,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=\/wp\/v2\/posts\/14664\/revisions\/14667"}],"wp:attachment":[{"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14664"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.rogerdarlington.me.uk\/nighthawk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}