An Ireland of inequality

Web Summit founder Patrick Cosgrave said yesterday that when it comes to income inequality Ireland is at the top of the list in the developed world, ahead of Chile.

According to Cosgrave figures of two years ago show that only five per cent of Irish people have a gross salary of €74,000 and one per cent earn a gross salary of €144,000 or more.

Approximately 1.2 million people in Ireland earn less than €30,000 per annum.