If you are interested in the content of this blog then join us on Facebook and follow Radio Free Cornwall.

25.7.07

Wealth Statistics

People in London, the South East and South West of England own 2 trillion pounds worth of assets.


This disproportionate amount of wealth is not solely down to high house prices, as people here also have a high share of the nation's savings at 46 percent. In contrast, the Scots and Welsh collectively own just 10.6 percent of national assets, despite comprising 14.2 percent of households. This is despite the fact that the Scots have amongst the highest levels of savings.

Two-thirds of personal wealth is in the hands of the over 55s, while the under 35s own less than a tenth.

No comments: