This topic has been an eye opener, as naturally, I assumed that there would be some inequality within the distribution of income and wealth in the UK but not at an extravagant level. After completing research and really getting involved with the topic, I soon realised that this was not the case. I have also discovered that measuring economic inequalities is not as easy as it seems as for example, different nations tally income and wealth in many ways whereas some nations barely tally reliable stats at all.
Out of the 30 OECD countries, the UK has the seventh most unequal income distribution and the fourth most unequal income distribution in Europe. Although South Africa has one of the worst distributions of income with a Gini co-efficient of 6.34. In my opinion economic inequality is a fundamental of economics that should receive a lot more attention from the media which would allow a lot more action to be taken place to help and end the suffering of those who are living in such extreme levels poverty and injustice.