Top 1 per cent received a sixth of the nation’s income pre-crisis, due to hidden rise of capital gains, new report finds
The Top 1 per cent received a far greater, and faster growing, share of the nation’s income pre-crisis than previously thought, if capital gains are included in official statistics, according to major new research published today. The research – a collaboration between the CAGE Research Centre at the University of Warwick, the Resolution Foundation and the LSE – uses confidential tax return data to build a fuller picture of incomes across the UK, specifically by including taxable capital gains.
In a further contribution to the debate about how to balance the need to re-open the economy with the need to protect life, Warwick researchers Andrew Oswald and Nick Powdthavee point out the extreme dangers from any general kind of release from lockdown and present more detailed modelling on the fatality risks faced by different age groups.
The UK could have zero new cases as early as 10th May, but no later than the end of May, new research conducted by the University of Warwick suggests.
In the first analysis of how COVID19 affects economic sentiment, a team of researchers including Dr Thiemo Fetzer and Dr Christopher Roth from the University of Warwick has found that the arrival of the new Coronavirus in a country is associated with a sharp increase in Google searches indicative of anxieties and economic fears.
Was there such a thing as ‘the good old days’ when people were happier? Are current Government policies more or less likely to increase their citizens’ feelings of wellbeing? Using innovative methods researchers have built a new index that uses data from books and newspaper to track levels of national happiness from 1820. Their research could help governments to make better decisions about policy priorities.
Politics should no longer be divided between “left-wing” and “right-wing” because the vital dividing line between groups of voters is now between “anarchists” and “centrists”, a new study from the Centre for Competitive Global Advantage in the Global Economy (CAGE) shows today.