People in London, the southeast and southwest 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.
"The Nineteenth century saw a great Springtime of Nations as the revolutions of 1848 saw new countries created the length and breadth of Europe. In our world today we are now seeing our own Spring Awakening with people and cultures that have long been dormant and subdued asserting their right to exist, their right to dream." Adam Price MP
Wednesday 25 July 2007
Wealth Statistics
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment