Written Question·Treasury·UIN 29097

Wealth: Equality

Tabled: 5 February 2025
Answered: 13 February 2025

Question

Munira Wilson

Liberal DemocratTwickenham

To ask the Chancellor of the Exchequer, with reference to Fairness Foundation and King's College's report Identifying and mitigating the risks of wealth inequality in the UK, published on 26 January 2025, if she will make an assessment of the potential me

Answer

James Murray
While income and wealth are not always directly correlated, distributional analysis shows that Government decisions at Autumn Budget 2024 and Spending Review 2025, Phase 1 are progressive and benefit households in the lowest income deciles the most, on av...

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