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Discover Economics

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What are the Drivers of Wealth Inequality in the UK and how can they be Addressed?

The world’s richest 1% have enjoyed a wealth increase of $33.9 trillion over the last ten years, more than enough to eliminate global poverty for over 22 years (Ables, 2025), whilst 3 billion cannot afford healthy diets. (Herforth, 2020) Wealth inequality has never been worse, and anyone outside that 1% should be worried. Figure 1: (Equality Trust, 2025) To explain how we got he...


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The Fertility Tightrope: Walking the Line Between Growth and Decline

“You’re supposed to love being a mother, but don’t talk about your kids all the damn time. You have to be a career woman, but also always be looking out for other people.” America Ferrera’s monologue in Barbie (2023) may have been written for cinema, but it reads like an economic parable. Across the developed world, falling birth rates are one of the most urgent demographic chal...


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‘What are the economic effects of tariffs for consumers, businesses and global economies?

Understanding Tariffs A tariff is a tax on goods crossing national borders which can be imposed to protect domestic industries, raise government revenue, punish unfair trade partners, or encourage local productions. However, tariffs carry far-reaching consequences for all involved. How tariffs affect consumers Higher Prices: The most direct effect of tariffs is that they raise i...


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Will Aviation Expansion Allow the UK to Achieve Economic Growth and Meet Climate Commitments Simultaneously? 

The aviation industry provides 1 million jobs, contributes £22 billion to the UK’s GDP [Sustainable Aviation, 2025], and facilitated nearly 300 million passenger journeys annually pre-COVID [CAA, 2025]. However, it accounts for 7% of the UK’s environmental emissions [Tyers et al., 2025], a number expected to increase as other sectors decarbonise. The UK’s net-zero 2050 target un...


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What are the Drivers of Wealth Inequality in the UK and how can they be Addressed?

The UK is a place of significant inequality - 1 in 4 households in the South East are millionaires, compared with just 1 in 50 in the North East, and the average woman owns £101,000 less wealth than the average man. One driver of wealth inequality in Britain is the soaring value of wealth. Whilst wealth inequality has changed little since 1980, growth in the value of wealth has ...


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