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Wealth — Question

Part of the debate – in the House of Lords at 2:48 pm on 5th July 2010.

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Photo of Lord Sassoon Lord Sassoon Conservative 2:48 pm, 5th July 2010

My Lords, I have been looking for international comparison data, which are very hard to come by. I certainly do not know of any reliable statistics for the former Soviet Union. In the latest data of which I am aware, which is an Economic Policy Research Institute survey in 2000, the USA has the top 10 per cent of households earning 69.8 per cent of wealth, France is on 61 per cent, the UK on 56 per cent, Germany on 44 per cent and Japan on 39.3 per cent.