World Economy
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Poverty in Scotland

Poverty in ScotlandPoverty in Scotland

The gap between Scotland’s most wealthy and most poor is widening, according to two of the country’s leading economists, Scottish News reported. Stirling University’s David Bell and David Eiser, both fellows of the Center on Constitutional Change, conducted research on behalf of the David Hume Institute. They found the richest 2% of Scots saw their income rise by more than 25% between 1997 and 2013 while the poorest 4% saw a drop in real income of a tenth. They also found that those just above the bottom 4% had done better and had seen a rise in income of 15%, which was proportionally more than any group apart from the super rich.

 

Financialtribune.com