Rising inequality threatens world economy, says WEF

Income gap was behind Brexit vote and Donald Trump's victory, says World Economic Forum risk report

Rising income inequality and the polarisation of societies pose a risk to the global economy in 2017 and could result in the rolling back of globalisation unless urgent action is taken, according to the World Economic Forum.

Before its annual meeting in Davos next week, the WEF said the gap between rich and poor had been behind the UK's Brexit vote and Donald Trump's election victory in the US.

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