The UK's Income Inequality Crisis Explained

The video discusses the growing income and wealth inequality in the UK, highlighting that while London is the richest area in Northern Europe, the UK also contains 90% of the poorest areas. The disparity is not only geographical but also evident in income and wealth distribution. Factors such as education, housing, and centralization of power in London contribute to this inequality. The video also compares the UK's economic performance with other EU countries, emphasizing the significant regional differences within the UK.

Which country has the richest area in Northern Europe?

• Sweden

• United Kingdom

• France

• Germany

What is the average household disposable income in central London?

• £24,000

• £16,000

• £13,000

• £30,000

How much more does the top 10% earn compared to the bottom 10% in the UK?

• 22 times more

• 10 times more

• 30 times more

• 15 times more

What percentage of the UK's wealth is held by the top 10%?

• 25%

• 35%

• 45%

• 55%

Which region in the UK has a GDP per capita higher than the EU 15 average?

• Scotland

• Wales

• South East

• North East

What is one major issue leading to income inequality in the UK?

• Lack of natural resources

• Centralization of power in London

• Climate change

• High population density

What percentage of pupils entitled to free school meals go to university?

• 21%

• 35%

• 50%

• 85%

What is the required mortgage deposit for the average first home in the UK?

• £35,355

• £25,000

• £45,000

• £15,000

How does the UK's tax code contribute to income inequality?

• It heavily taxes real estate

• It allows the rich to find loopholes

• It is the shortest in the world

• It taxes all income equally

What potential future challenge could worsen income inequality in the UK?

• Technological advancements

• Population growth

• Brexit

• Increased tourism