Ben Hanscom
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Average wealth in Britain fell the second most of any major economy in 2024, according to a closely followed global study, piling fresh scrutiny on the country’s battle to stem an exodus of its wealthiest residents and and kickstart its flagging economy. According to UBS’s annual Wealth Report, mean household wealth in Britain fell 3.6 per cent over the course of last year, reversing a trend of healthy growth which has seen it swell by over six per cent since the start of the decade. The only country that eclipsed the UK households’ wealth drop was crisis-ridden Turkey, which is in the grips of a self-inflicted economic crisis that in 2024 saw inflation top 75 per cent and interest rates reach an eye-watering 50 per cent. Average wealth in the Eurasian economy fell over 14 per cent in real terms, the study said. Read the full story here 👇 bit.ly/4jZ7ort





Taylor Swift's re-recording of "Love Story" has now outstreamed the original on Spotify.





