UK risks reaching US levels of inequality, warns economist

IFS report found that ‘deaths of despair’ are rising amid financial stress

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Soaring inequality in Britain could lead to the country becoming as unequal as the US, warns a Nobel prize-winning economist.

Sir Angus Deaton is spearheading a landmark review of inequality in the UK with the Institute for Fiscal Studies. The think tank said the economist would “point to the risk of the UK following the US” which has notoriously levels of inequality in pay, wealth and health.

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