Number of UK residents earning over £100,000 leaps

The
number of people in Britain earning more than £100,000 a year gross has
increased by almost 50 per cent, reports the Inland Revenue.

It
estimated that 326,000 people in Britain earn six-figure salaries, up from
222,000 in 1998-99.

Of
these, 285,000 are men and only 41,000 are women.

John
Philpott, chief economist at the CIPD, said: "Global communications and
the international trade mean the potential market for someone’s particular
skill is greater, and people have the opportunity to exploit the competition
for their talents in different parts of the world." 

By Paul Nelson

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