This chapter examines overall trends in socio-economic differentials in the aftermath of the 2007 financial crisis, covering both the 2007-2010 Labour administration under Gordon Brown and the Coalition Government 2010-2015. It explores trends in male and female employment and in wages for higher- and lower-paid men and women. It also discusses changes in income poverty and inequality, wealth inequality, and the distribution of benefits in kind. It presents a complex picture: employment fell following the crisis, but more slowly than might have been expected, with falling wages and rising earnings inequality the more striking features. Yet overall income inequality fell sharply in 2010/11 and up until 2013/14 neither income poverty nor inequality in household income rose, reflecting the protection of benefit and pension levels in real terms through most of the period. There was no sign of a wealth differentials narrowing or a reduction in wealth holdings at the top.
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