The share of national income held by the top 1% reached 14.3% in 2005. It is likely to be as high as 17% today. This is more than double the share they took in the mid 1970’s, when the top 1% took 8% of total earnings.
Since 1990 the poorest segment of the British population has seen a decline in income of about 8%, while the richest sector of the population has seen an increase in income of almost 68%. About 17% of the British population is considered to live in poverty.