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Wales Online
Wales Online
National
Carla Abreu & Daniel Smith

Wealth gap in the UK - top 1% of households have more than £3.6m each

The wealthiest in Britain have assets worth hundreds of times that of the poorest, as wealth inequality throughout the country remains high.

That’s according to the most recent round of the Wealth and Assets Survey from the Office for National Statistics, which measures household financial wellbeing and attitudes towards wealth in the UK, covering the period from April 2018 to March 2020.

The data comes amidst rising concerns that the pandemic – which was not covered by the survey – may exacerbate an already troubling wealth gap.

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