th  Chart 6: Real wage growth slowest since mid-19 Century 10-year moving average, per cent 4  3  2  1  0 Forecast -1 1850  1865  1880  1895  1910  1925  1940  1955  1970  1985  2000  2015  Source: Thomas, R. and Dimsdale, N. (2016) "Three Centuries of Data - Version 2.3", Bank of England, based on average weekly wages and the CPI; and November Inflation Report. Such high income inequalities are dwarfed by staggering wealth inequalities. The proportion of the wealth v  held by the richest 1% of Americans increased from 25% in 1990 to 40% in 2012. Globally, the share of wealth held by the richest 1% in the world rose from one-third in 2000 to one-half in 2010.  vi  The picture in the UK is complex but in general suggests relatively stable but high levels of overall inequality, with sharper disparities emerging in recent times for the top 1%. When combined with low growth of incomes and entrenched intergenerational inequity, it is no wonder that many question their prospects. 5  All speeches are available online at www.bankofengland.co.uk/publications/Pages/speeches/default.aspx  5  For example, a common measure of the distribution of income, the Gini coefficient, shows that inequality rose sharply during the 1980s and has more or less plateaued ever since (Chart 7). That suggests a large structural shift during the Thatcher era, followed by a more modest series of adjustments thereafter.
Thank you for your attention and I wish you a successful work in the forthcoming period. BIS Review 127/2009  7