This newsletter provides a brief review of organisational change and projects over the last six months, and gives a snapshot of our work programme over the coming six months.
Our new infographic on the National Minimum Wage, showing how it has increased compared to FTSE 100 CEO pay. Please share using the options at the bottom of this page. This infographic was created by Rosie Roche, whose work can be found at http://www.rosieroche.co.uk/.
Authors: Robert Costanza, Ida Kubiszewski, Enrico Giovannini, Hunter Lovins, Jacqueline McGlade, Kate E. Pickett, Kristín Vala Ragnarsdóttir, Debra Roberts, Roberto De Vogli, & Richard Wilkinson.
Gross domestic product is a misleading measure of national success, measuring mainly market transactions and ignoring social costs, income inequality and environmental impacts. Yet, despite this, since the end of the Second World War it has been the primary national policy goal in almost every country.
This briefing note uses quantitative analysis to explain how the social and economic impact of inequality costs the UK the equivalent over £39 billion every year.
The UK has the second highest level of inequality of the developed OECD countries. The report estimates that if inequality was reduced to the average level seen in these countries, the UK could expect to: