UK 'will have wealthiest people in G7'


BARCLAYS Wealth says the UK will have the highest concentration of high net worth households within the G7 inside a decade.

The company’s latest Insights survey found the UK will drive ahead of its counterparts across the world in terms of wealth over the next 10 years, creating further opportunities for advisers to expand their businesses. The research also suggested what the wealthy are most concerned about financially; with 45pc of the UK’s wealthy population worried about saving for their retirement, and 52pc concerned about investment performance. Barclays’ study also outlined the wealthiest areas in the country, finding London had the highest proportion of wealthy individuals. They accounted for 13pc...

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