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There’s a lot of talk about inequality. From Pope Francis to the Bank of England’s Marc Carney, a rising number of global figures have declared verbal war on today’s yawning income gaps. But talk, it seems, is as far as it goes.
In the absence of action, inequality has continued to grow through the crisis, domestically and globally. In the UK, the gap between the top and the rest has continued to widen. In the United States, nearly all the gains from recovery – over 90% - have been colonised by the very top.
