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Oxfam report says the wealthiest 1% will own more than 50% of the world's wealth by 2016. The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

Katie Wright is Head Global External affairs at Oxfam. She said: "The world talks about having the ambition to end poverty but that simply isn't going to happen until we tackle this vast and growing inequality."

This clip is originally from Breakfast on Monday 19 January 2015.