The UK is the most unequal country in the EU, according to a new report.
The Dublin foundation for the Improvement of Living and Working Conditions, the EU’s agency for life at work, found that the UK had the worst Gini coefficient of any EU member state.
The Gini is one of the most widely used measures of inequality and calculates how income is distributed among a nation’s residents.
According to the results, the UK’s GINI rating is 0.404, a rate that has soared since the financial crisis in 2008. The result is well in excess of the EU average which is 0.346 and even exceeds the United States’ rating of 0.4.
Well sure. Keeping in mind of course that the UK is really made up of at least five different countries, one of which, 'The City,' is to the British economy what California is to the US economy, were California several times wealthier, exponentially more plutocratic, almost completely devoid of any actual human residents, and the size of my toilet.*
*These comparisons are of course completely made-up, and any seeming resemblance to actual reality is purely a product of your imagination.
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