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Office for National Statistics – survey on household wealth in Britain

Office for National Statistics – survey on household wealth in Britain

Well, how are we all doing then? The Office for National Statistics has published its latest survey on household wealth in Britain. It’s over 170 pages long, so I have not read it fully. Will I ever?

Median (see the report for the definition) household net wealth was £204,500 in 2006/08. The wealthiest 20% of households accounted for 62% of total wealth and the least wealthy half of households had 9% of wealth. Perhaps unsurprisingly, the wealthiest area was the of with a median household wealth of £287,900. The area with the lowest median was with £150,600.

In 2006/2008, an estimated 62% of households had a savings account, but 50% of those households (with savings accounts) had £3,500 or less in their account and 25% had £500 or less. Apparently, 5% of households own personalised number plates. The report says nothing about donations to charities.

Well, there’s a little light reading for you over Christmas

All the best

Finbar Cullen
ResearchPlus

http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=15074&Pos=&ColRank=1&Rank=192

Finbar Cullen established ResearchPlus in 2005 to provide fundraising research services for the not-for-profit sector. He researches people, companies and grant-making trusts and foundations, mostly in the UK, but also other parts of the world. Finbar has published directories of “unpublished” grant-making trusts (registered with the Charity Commission and with the Office of the Scottish Charity Regulator), and each month he contributes to The Trust List, highlighting newly registered grant-making trusts worthy of particularly close attention.

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