{"id":7774,"date":"2015-12-18T18:20:14","date_gmt":"2015-12-18T11:20:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-half-of-britains-private-wealth-owned-by-top-10-of-households\/"},"modified":"2016-03-13T09:16:45","modified_gmt":"2016-03-13T02:16:45","slug":"almost-half-of-britains-private-wealth-owned-by-top-10-of-households","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-half-of-britains-private-wealth-owned-by-top-10-of-households\/","title":{"rendered":"Almost half of Britain's private wealth owned by top 10% of households"},"content":{"rendered":"


\nLatest ONS survey covers 2012-14 and highlights gulf between country\u2019s richest and poorest groups Britain\u2019s richest households have pulled further ahead of the rest of the population as house prices have accelerated, with the top 10% now owning almost half of the country\u2019s \u00a311.1tn total private wealth.The Office for National Statistics (ONS) said the average household was worth \u00a3225,100 in 2012-14, when it carried out its latest survey of the country\u2019s assets. Continue reading…
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\nSource : theguardian.com
\nRead more…Almost half of Britain’s private wealth owned by top 10% of households<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Latest ONS survey covers 2012-14 and highlights gulf between country\u2019s richest and poorest groups Britain\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-7774","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-21o","jetpack-related-posts":[{"id":50267,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/richest-10-of-uk-households-own-40-of-wealth-ons-says\/","url_meta":{"origin":7774,"position":0},"title":"Richest 10% of UK households own 40% of wealth, ONS says","date":"December 3, 2012","format":false,"excerpt":"\r Top 10% of households are 850 times wealthier than the bottom, a report by the Office for National Statistics revealsThe bottom 50% of households in Britain have just \u00a34,400 of cash, property and pensions compared to the \u00a31.2m held by the top 10%, according to an Office for National\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148429,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-buying-average-home-in-england-now-unaffordable-warns-ons\/","url_meta":{"origin":7774,"position":1},"title":"Cost of buying average home in England now unaffordable, warns ONS","date":"December 9, 2024","format":false,"excerpt":"\r Only richest 10% can afford to buy as figures show average household needs 8.6 times disposable income to meet asking priceOnly the richest 10% of households can afford to buy an average-priced home in England, according to official figures laying bare the scale of Britain\u2019s broken housing market.Highlighting the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ons-data-shows-uk-wealth-wedded-to-property\/","url_meta":{"origin":7774,"position":2},"title":"ONS data shows UK wealth wedded to property","date":"August 18, 2016","format":false,"excerpt":"\r Data reveals UK net worth of \u00a38.8tn is four times that of 1995 after massive rise in property wealth but stellar rise masks public deficit and decline in savings Britain\u2019s obsession with property has sent the country\u2019s net worth soaring to an estimated \u00a38.8tn, an increase of 6% (\u00a3493bn)\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-lib-dems-can-heal-britains-economic-divide-heres-how-vince-cable\/","url_meta":{"origin":7774,"position":3},"title":"The Lib Dems can heal Britain's economic divide \u2013 here's how | Vince Cable","date":"September 12, 2018","format":false,"excerpt":"\r Our bold proposals would raise \u00a315bn per year, which we would use to revive public services and create a citizens\u2019 wealth fundMuch of the anger in today\u2019s politics stems from an ongoing stagnation in living standards, coupled with the sight of a small minority becoming infinitely richer. Britain is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54291,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/many-of-britains-richest-people-are-property-moguls-alice-martin\/","url_meta":{"origin":7774,"position":4},"title":"Many of Britain's richest people are property moguls | Alice Martin","date":"May 10, 2017","format":false,"excerpt":"\r A dysfunctional British housing market, propped up by housing benefit and public investment, is making a few people very, very rich. It is a strange kind of economy where land and property routinely earn more than people do. 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