WebMar 15, 2024 · 1. Economic growth: Tighter supply of commodities risks exacerbating supply chain bottlenecks in the global economy, while a decline in real income (initially via private consumption because of higher prices and with a lag through trade as a second income shock) will impact consumer spending on the demand side. The Institute for Fiscal Studies issued a report on the UK's highest earners in January 2008. There are 42 million adults in the UK of whom 29 million are income tax payers. (The remainder are pensioners, students, homemakers, the unemployed, those earning under the personal allowance, and other unwaged.) A summary of key findings is shown in the table below: The top 0.1% are 90% male and 50% of these people are in the 45 to 54 year age group. 31% of t…
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