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FOCUSON**LONDON**2010:**INCOME**AND**SPENDING**AT**HOME** Household income in London far exceeds that of any other region in the UK. At £900 per week, London’s gross weekly household income is 15 per cent higher than the next highest region. Despite this, the costs to each household are also higher in the capital. Londoners pay a greater amount of their income in tax and national insurance than the UK average as well as footing a higher bill for housing and everyday necessities. All of which leaves London households less well off than the headline figures suggest. This chapter, authored by Richard Walker in the GLA Intelligence Unit, begins with an analysis of income at both individual and household level, before discussing the distribution and sources of income. This is followed by a look at wealth and borrowing and finally, focuses on expenditure including an insight to the cost of housing in London, compared with other regions in the UK. See other reports from this Focus on London series. REPORT: To view the report online click on the image below. Income and Spending Report PDF https://londondatastore-upload.s3.amazonaws.com/fol/fol10-income-cover-thumb1.png" alt="Alt text"> PRESENTATION: This interactive presentation finds the answer to the question, who really is better off, an average London or UK household? This analysis takes into account available data from all types of income and expenditure. Click on the link to access. PREZI The Prezi in plain text version RANKINGS:
https://londondatastore-upload.s3.amazonaws.com/fol/fol10-income-tableau-chart-thumb.jpg" alt="Alt text"> This interactive chart shows some key borough level income and expenditure data. This chart helps show the relationships between five datasets. Users can rank each of the indicators in turn. Borough rankings Tableau Chart MAP: These interactive borough maps help to geographically present a range of income and expenditure data within London. Interactive Maps - Instant Atlas DATA: All the data contained within the Income and Spending at Home report as well as the data used to create the charts and maps can be accessed in this spreadsheet. Report data FACTS: Some interesting facts from the data… ● Five boroughs with the highest median gross weekly pay per person in 2009: -1. Kensington & Chelsea - £809 -2. City of London - £767 -3. Westminster - £675 -4. Wandsworth - £636 -5. Richmond - £623 -32. Brent - £439 -33. Newham - £422 ● Five boroughs with the highest median weekly rent for a 2 bedroom property in October 2010: -1. Kensington & Chelsea - £550 -2. Westminster - £500 -3. City of London - £450 -4. Camden - £375 -5. Islington - £360 -32. Havering - £183 -33. Bexley - £173 ● Five boroughs with the highest percentage of households that own their home outright in 2009: -1. Bexley – 38 per cent -2. Havering – 36 per cent -3. Richmond – 32 per cent -4. Bromley – 31 per cent -5. Barnet – 28 per cent -31. Tower Hamlets – 9 per cent -32. Southwark – 9 per cent
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.
In 2023, ******* individuals with net assets of at least ** million U.S. dollars were residing in the *************, by far the highest number of any country. By comparison, *****, which had the second highest number of ultra high net worth individuals (UHNWIs), had less than 100,000 individuals with assets amounting to ** million U.S. dollars or more.Place of residence of ultra high net worth individuals The residency of almost half of the world’s ultra high net worth individuals in the United States explains the dominance of North America in regard to the number of ultra high net worth individuals by region. Hong Kong was the city with the most UHNWIs in 2022, followed by New York, London, and Los Angeles. Source of wealth and gender differences A majority of the world's UHNWIs are self-made. However, looking at billionaires, there is a clear difference between men and women; whereas a majority of billionaire men were self-made, a majority of the women had inherited their fortune.
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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.
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United Kingdom's main stock market index, the GB100, fell to 8997 points on July 15, 2025, losing 0.01% from the previous session. Over the past month, the index has climbed 1.37% and is up 10.19% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from United Kingdom. United Kingdom Stock Market Index (GB100) - values, historical data, forecasts and news - updated on July of 2025.
This statistic illustrates the number of millionaire (HNWI, UHNWI) and billionaire individuals in the United Kingdom (UK) in selected years from 2013 to 2018 and a forecast for 2023, by wealth bracket. The high, ultra-high and billionaire's population grew steadily throughout time, with projection to increase approximately ** percent, ** percent and ** percent respectively by 2023 in comparison to 2018.
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FOCUSON**LONDON**2010:**INCOME**AND**SPENDING**AT**HOME** Household income in London far exceeds that of any other region in the UK. At £900 per week, London’s gross weekly household income is 15 per cent higher than the next highest region. Despite this, the costs to each household are also higher in the capital. Londoners pay a greater amount of their income in tax and national insurance than the UK average as well as footing a higher bill for housing and everyday necessities. All of which leaves London households less well off than the headline figures suggest. This chapter, authored by Richard Walker in the GLA Intelligence Unit, begins with an analysis of income at both individual and household level, before discussing the distribution and sources of income. This is followed by a look at wealth and borrowing and finally, focuses on expenditure including an insight to the cost of housing in London, compared with other regions in the UK. See other reports from this Focus on London series. REPORT: To view the report online click on the image below. Income and Spending Report PDF https://londondatastore-upload.s3.amazonaws.com/fol/fol10-income-cover-thumb1.png" alt="Alt text"> PRESENTATION: This interactive presentation finds the answer to the question, who really is better off, an average London or UK household? This analysis takes into account available data from all types of income and expenditure. Click on the link to access. PREZI The Prezi in plain text version RANKINGS:
https://londondatastore-upload.s3.amazonaws.com/fol/fol10-income-tableau-chart-thumb.jpg" alt="Alt text"> This interactive chart shows some key borough level income and expenditure data. This chart helps show the relationships between five datasets. Users can rank each of the indicators in turn. Borough rankings Tableau Chart MAP: These interactive borough maps help to geographically present a range of income and expenditure data within London. Interactive Maps - Instant Atlas DATA: All the data contained within the Income and Spending at Home report as well as the data used to create the charts and maps can be accessed in this spreadsheet. Report data FACTS: Some interesting facts from the data… ● Five boroughs with the highest median gross weekly pay per person in 2009: -1. Kensington & Chelsea - £809 -2. City of London - £767 -3. Westminster - £675 -4. Wandsworth - £636 -5. Richmond - £623 -32. Brent - £439 -33. Newham - £422 ● Five boroughs with the highest median weekly rent for a 2 bedroom property in October 2010: -1. Kensington & Chelsea - £550 -2. Westminster - £500 -3. City of London - £450 -4. Camden - £375 -5. Islington - £360 -32. Havering - £183 -33. Bexley - £173 ● Five boroughs with the highest percentage of households that own their home outright in 2009: -1. Bexley – 38 per cent -2. Havering – 36 per cent -3. Richmond – 32 per cent -4. Bromley – 31 per cent -5. Barnet – 28 per cent -31. Tower Hamlets – 9 per cent -32. Southwark – 9 per cent