Richest 1% of UK households are worth at least £3.6m each

Posted by on January 7, 2022 12:29 pm
Categories: Global Stories

New ONS figures reveal inequality gap growing ever wider before the coronavirus pandemic

The richest 1% of households in the UK each have fortunes of at least £3.6m, according to new official figures that show the inequality gap was yawning even before the pandemic struck.

At the other end of the scale, the poorest 10% of households have just £15,400 or less, with almost half burdened with more debts than they had in assets, according to figures released on Friday by the Office for National Statistics (ONS).

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