What would you do with £119,000? It’s a nice problem to have, but not one the majority of us will ever have to grapple with, given that the average UK income is £26,500.
The £119,000 threshold is what it takes to become one of the UK’s super-rich, the top 1% of earners in the country. They are concentrated in sectors such as finance and business, and between them they are worth more than £250bn to the UK’s economy. It also just so happens that only one in five of them are women, according to new research released by the LSE. … Read More