The £1 trillion pie

The wealth of Scottish households has grown rapidly in recent years and now exceeds £1 trillion for the first time. But from a living standards perspective, what matters is how that wealth – including property, pensions and savings – is shared. The report explores some of the key inequalities when it comes to wealth in Scotland, highlighting:

(1) Wealth has grown much faster than incomes

(2) Generational divides have opened up

(3) Inheritances are booming

(4) Wealth is very unequal

(5) The biggest wealth tax is devolved

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