Counting on … 157

3rd October 2025

“Growing wealth inequality in the UK could be a “major driver of societal collapse” within the next decade, according to a new report by the Fairness Foundation and the Policy Institute and Department of War Studies at King’s College London…

“The participants identified a negative feedback loop, whereby the government’s failure to tax wealth effectively means it lacks sufficient revenue to uphold the social contract by which strong public services, an effective social safety net and a healthy economy provide people with decent living standards.

“Trust in politics then declines further, politicians avoid honest discussions of the underlying problems and what to do about them, and the system’s legitimacy is increasingly questioned as the social contract collapses.” (1) 

Looking at public attitudes, the report  that “two-thirds (63%) of Britons now think the very rich have too much influence on politics in the UK – far higher than the share who say the same about businesses (40%), religious organisation (40%) or international organisations like the EU and UN (38%).

Improving incomes levels for the poorest, and taxing the richest clearly has multiple benefits.

  1. https://www.kcl.ac.uk/news/wealth-inequality-risks-triggering-societal-collapse-within-next-decade-report-finds