The coalition boasts that it's reduced inequality, but actually no government policy in the last 30 years has actually come close to bringing it down to average OECD levels.
After the Chancellor boasted that inequality had fallen, welfare cuts mean it is rising again.
The social consequences of inequality, such as reduced life expectancy and worse mental health, cost the equivalent of over £39bn every single year.
The Labour leader is increasingly convinced not just of the moral and economic case for tackling inequality but also of the political case for doing so.
Global inequality in numbers.
Research by Bloomberg reveals the extent of the pay gap between executives and employees at 250 companies.
Five years after Lehman Brother's collapse, one group has fared spectacularly well: the richest 1 per cent. The world's superpower is now worryingly dependent on the financial fortunes of just 1.35m taxpayers. But where in the world is inequality the grea
The gap between the rich and the poor has narrowed as real earnings have fallen but the coalition's welfare cuts mean it is set to widen from now on.
Norman Lamont is wrong to suggest that inequality increased "much more" under Labour. It surged under Thatcher and rose slightly under Blair and Brown.