Claim: The richest 1% of people in the UK own more than twenty times the wealth of the poorest 20% in the UK.
Fact-check: Wealth in the UK: The richest 1% and the poorest 20% - Full Fact
Verdict: finding out what the wealthiest own is harder than you might expect, but this is a reasonable claim that's based on a well-regarded set of estimates. it's important not to confused inequalities of wealth with inequalities of income, which are much lower.
Organisation: Full Fact
Author: Will Moy;Richard Braham
Date published: 2016-09-16T00:00:00