In the 2022/23 financial year, various measures of inequality in the United Kingdom decreased when compared with 2021/22. The S80/20 ratio fell from *** to ***, the P90/10 ratio from *** to ***, and the Palma ratio between *** and ***.
The overall wealth of households in the United Kingdom was **** trillion British pounds in the period between 2020 and 2022. Of this overall wealth, the top ten percent of households had over *** trillion pounds of wealth, compared with **** billion owned by the lowest wealth decile.
At the turn of the twentieth century, the wealthiest one percent of people in the United Kingdom controlled 71 percent of net personal wealth, while the top ten percent controlled 93 percent. The share of wealth controlled by the rich in the United Kingdom fell throughout the twentieth century, and by 1990 the richest one percent controlled 16 percent of wealth, and the richest ten percent just over half of it.
This statistic presents the wealth distribution among households in the United Kingdom (UK) in 2018. Approximately 44.6 percent adults in the United Kingdom found themselves in the bracket of between 100 thousand and one million U.S. dollars as their household private wealth.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
Total wealth is the sum of the four components of wealth and is therefore net of all liabilities.
Percentage of total wealth owned by households in each decile for London and Great Britain. Data extracted from the ONS Wealth and Assets Survey (WAS) microdata.
This dataset is one of the Greater London Authority's measures of Economic Fairness. Click here to find out more.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
The values of any financial assets held including both formal investments, such as bank or building society current or saving accounts, investment vehicles such as Individual Savings Accounts, endowments, stocks and shares, and informal savings.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
Individual-level estimates of total wealth (July 2010 to March 2020) and regression estimates for the latest survey period.
Official statistics are produced impartially and free from political influence.
https://www.icpsr.umich.edu/web/ICPSR/studies/9404/termshttps://www.icpsr.umich.edu/web/ICPSR/studies/9404/terms
These data explore changes in English and American consumption between 1550 and 1800. The probate inventories (Parts 1-11) include information about personal wealth, household production, and the possession of consumer durables and semi-durables. The household survey for England circa 1790 (Part 12) contains dietary information as well as information about other household expenditures. The wills from England and America (Part 13) are a source for learning about the kinds of goods people obtained from their families through inheritance. Finally, information pertaining to the distribution network in eighteenth century England is contained in the aggregate county-level data on the shop and peddler's tax (Part 13).
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
75% of households from the Bangladeshi ethnic group were in the 2 lowest income quintiles (after housing costs were deducted) between April 2021 and March 2024.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
Data on household wealth in Great Britain by ethnic group. Includes total, property, financial, physical and private pension wealth by age, region, household composition and housing tenure.
In 2023, the United Kingdom's Gini coefficient score was 33.1, a slight decrease when compared with the previous year. The Gini coefficient is a measurement of inequality within economies, a lower score indicates more equality while a higher score implies more inequality.
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
United Kingdom Asset Management Market size was valued at USD 1.75 Billion in 2024 and is expected to reach USD 2.9 Billion by 2032, growing at a CAGR of 6.5% from 2026 to 2032.United Kingdom Asset Management Market: Definition/ OverviewAsset management is the process of managing investments for clients to specific financial objectives. It entails evaluating, selecting and managing assets like stocks, bonds, real estate and alternative investments. Asset managers use their expertise to create diversified portfolios that balance risk and return for individual and institutional investors.Individuals, businesses and institutions use asset management to increase wealth, preserve capital and mitigate risk. Investors expect asset managers to make sound decisions based on market trends, economic conditions and financial objectives. It is critical for pension funds, insurance companies and wealthy individuals seeking optimal investment strategies.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
The value of any pension pots already accrued that are not state basic retirement or state earning related. This includes occupational pensions, personal pensions, retained rights in previous pensions and pensions in payment.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The global Wealth Management Software market is experiencing robust growth, projected to reach $5.31 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 14.04% from 2025 to 2033. This expansion is fueled by several key drivers. The increasing demand for personalized wealth management solutions, coupled with the rising adoption of digital channels by both financial institutions and high-net-worth individuals, is significantly boosting market growth. Furthermore, stringent regulatory compliance requirements are pushing institutions to adopt sophisticated software solutions to manage risks and ensure operational efficiency. The shift towards cloud-based deployments offers scalability and cost-effectiveness, further accelerating market adoption. Technological advancements, such as Artificial Intelligence (AI) and machine learning (ML) integration for improved portfolio management and risk assessment, are also key contributors to the market's expansion. Competition is intense, with established players like Fiserv, Temenos, and Broadridge alongside innovative fintech companies like Backbase and Avaloq vying for market share. The market segmentation reveals a strong preference for cloud-based deployments, driven by their inherent flexibility and accessibility. Among end-user industries, Banks, Trading Firms, and Brokerage Firms represent the largest market segments, reflecting the critical role of efficient wealth management in their operations. Geographical distribution suggests North America and Europe currently hold the largest market shares, but the Asia-Pacific region is expected to witness significant growth in the coming years, driven by rising disposable incomes and increasing financial literacy. While data privacy concerns and the high initial investment costs associated with implementing new software solutions pose potential restraints, the long-term benefits of enhanced efficiency, improved client service, and regulatory compliance are expected to outweigh these challenges, ensuring continued market growth throughout the forecast period. This in-depth report provides a comprehensive analysis of the global wealth management software market, projecting robust growth from $XXX million in 2025 to $YYY million by 2033. The study covers the historical period (2019-2024), base year (2025), and forecast period (2025-2033), offering invaluable insights for stakeholders across the financial technology landscape. Key market segments, including deployment types (on-premise, cloud), end-user industries (banks, trading firms, brokerage firms, investment management firms, and others), and leading players, are meticulously examined. Recent developments include: March 2023 - WealthTech GBST rebranded and released an improved SaaS Composer wealth management administration software version. In reference to its roots, the company has kept its name while developing a brand strategy and new visual identity based on the updated backronym., July 2022 - FIS, a financial technology company, announced it had enhanced its wealth management solutions by expanding and enhancing its self-invested personal pension (SIPP) servicing in the United Kingdom., April 2022 - HCL Technologies (HCL) expanded its global partnership with Avaloq, a provider of digital banking solutions, to develop a lifecycle management center for digital wealth management. This partnership will enable more financial institutions to leverage Avaloq's innovative technology., March 2022 - SHUAA Capital PSC, the asset management and investment banking platform in the Middle East, completed a strategic investment in UAE-based fintech, Souqalmal. The acquisition will provide growth capital, allowing Souqalmal to execute an ambitious growth plan over the next 24 months.. Key drivers for this market are: Rising Need to Integrate Business Capabilities and Channels in the Wealth Management Process, Requirement of Customer-centric Business Priorities, such as Fully Digitized Client Onboarding. Potential restraints include: Lack of Awareness Related to Wealth Management Platforms and Higher Dependency on Traditional Methods. Notable trends are: Investment Management Firms are Expected to Drive Market Growth.
This statistic presents the outcome of prosperity index research conducted by Barclay for the regions of the United Kingdom (UK) as of August 2015. According to the research incorporating various factors into the prosperity score, the most prosperous region of the UK was the city of London, with a score of **** points. South East and Eastern England followed with **** and **** score, respectively. Least prosperous was North East, with **** index points on the scale.
The table only covers individuals who have some liability to Income Tax. The percentile points have been independently calculated on total income before tax and total income after tax.
These statistics are classified as accredited official statistics.
You can find more information about these statistics and collated tables for the latest and previous tax years on the Statistics about personal incomes page.
Supporting documentation on the methodology used to produce these statistics is available in the release for each tax year.
Note: comparisons over time may be affected by changes in methodology. Notably, there was a revision to the grossing factors in the 2018 to 2019 publication, which is discussed in the commentary and supporting documentation for that tax year. Further details, including a summary of significant methodological changes over time, data suitability and coverage, are included in the Background Quality Report.
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
License information was derived automatically
In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.
This dataset is derived from a research project entitled 'The Economic, Political, and Social Influences on Levels of Credit in Late Medieval England'. The project's primary aim was to create a database which would enable the statistical analyses of medieval credit, and thereby show the principles on which credit worked, and to what degree it was subject to economic, political and social influences; such as high mortality, warfare, taxation and shortages of coin. As a secondary goal, the project sought to explore what records of credit reveal about the changing distribution of wealth and economic activity in England between c. 1280 and 1530.
In the 2022/23 financial year, various measures of inequality in the United Kingdom decreased when compared with 2021/22. The S80/20 ratio fell from *** to ***, the P90/10 ratio from *** to ***, and the Palma ratio between *** and ***.