A few facts and figures on how wealth is distributed in the UK in 2016.
- The richest 10% of households hold 45% of the nation's wealth.
- The poorest 50% hold just 8.7%
- A household in the south east of the UK has twice the wealth of one in the north east.
- 50 billionaires live in the UK (29 in 2010), most of them in London.
- The highest level of GDP per capita in the EU in 2013 was recorded in central London, where the rate was five times higher than in West Wales and the Valleys.
- Within the EU, the wealth gap is greatest in the UK, at nearly double that in Belgium, France and Germany and around six times as big as the gap in Bulgaria, Portugal and Slovenia.
- Over 50s control 79% of the UK's disposable wealth.
- By 2020, over 50s will account for half the population.
Sources: Good Housekeeping, June 2015 and pop-up newspaper
The New European 15-21 July 2016
