THE top 10 per cent of Britain’s population has more wealth than the other 90 per cent combined, according to TUC analysis of official Office for National Statistics (ONS) figures released today.

The huge inequality between rich and poor has widened under 14 years of Tory rule, which saw an “explosion” in insecure work and a decline in living standards.

Under the Conservatives, real wages grew by just 0.3 per cent a year — compared with 1.5 per cent from 1997 to 2010 under Labour.

The TUC estimates that the average worker would be £117 a week better off had pay increased since 2010 at the same pace as between 1997 and 2010.

Pay growth during Conservative-led governments from 2010-2024 was worse than for any other period of government since the 1920s.

The Tories also oversaw the worst fall in living standards since records began in 1955, the TUC said.

At the same time, the number of people in insecure work soared by one million between 2011 and 2023 to 4.1 million.

TUC general secretary Paul Nowak said: “We need an economy that delivers better living standards and security for all — not just those at the top.

“Under the Conservatives, the wealthiest feathered their nests while working people suffered an epidemic of insecure work and the worst pay crisis in two centuries.

“And many households have struggled to save anything at all. That’s not right.

“It’s time to move away from the broken economic model which saw insecure work explode and living standards squeezed.”

He said that Labour’s Employment Rights Bill “will help deliver the economic reset working people desperately need.”