Britain suffers biggest fall in wealth in the rich world since the pandemic: UBS study
UBS said average wealth per adult in Britain fell 23.2% from 2020 to 2025, with inflation, energy costs and weaker property values cited.
- Britain has experienced the largest fall in average wealth among rich countries since the pandemic, with individual wealth dropping by over 23%, equivalent to about £28,500.
- The decline in wealth is linked to higher inflation and energy prices that peaked at around 11% in late 2022, alongside rising house prices that have impacted household budgets.
- Median British wealth now stands at approximately £96,000, placing Britain above France but behind the Netherlands and Italy in personal wealth rankings.
- Political figures like Andy Burnham have pledged to improve living standards amid these economic challenges.
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Britain suffers biggest wealth slump since Covid-19 – UBS
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