Statistics on household finances have historically focused on either income, spending, or wealth. While each of these individual measures provides important…
Read more on A Wealth of Data: New Insight on Economic Inequality
ONS publishes widely used estimates of household income, including how much people earn, what benefits they receive and how much they pay in taxes as well as looking at the gap between the richest and poorest households. Here Dominic Webber writes about the important work to improve the quality of these statistics and provide more detailed information on this much debated topic.
Read more on Minding the gap: how we’re improving our measurement of income inequality