Policies which affect the balance between the public sector's assets and its liabilities have been major concerns of the last few years. Instead of a Public Sector Borrowing Requirement (PSBR), we currently have a Public Sector Debt Repayment (PSDR), and much is being made of the consequent...

This book examines key issues connected with the distribution of personal wealth in the UK. It studies why wealth is now such an important factor in social differences and public policy. It presents the most recent information on current wealth inequalities and a detailed discussion of trends in...

The combination of spending cuts, efforts to protect the poorest from some of their effects, and 'localised' decision-making are leading to an increase in the numbers of means tests designed by lower level institutions. This paper examines a case study of the effects of this, looking at the...

This paper examines trends in the distribution of household wealth in Great Britain from 1995 to 2005 using the British Household Panel Survey (BHPS). The data show that wealth is very unevenly distributed and reveal a widening absolute gap over the period between wealthier households and those...