The top 1% earners uk have more than double the national average wage and yet most don’t feel rich. Why is this and can they be encouraged to embrace a more equitable future?

To be in the top 1% of UK earners you need to be earning more than PS82,000 per year. This includes both wages and other forms of income, like dividends. The figure is based on HMRC data and it varies depending on gender, age and location. Men are more likely to be in this bracket than women, and it also varies by region. For example, to be in the top 1% in London you need to earn more than PS550,000. Explore here

In addition to their salaries, the top 1% own a lot of wealth. They control more than half of the country’s total wealth. This is largely due to the fact that property values and inheritances have increased.

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However, it is also because of the way that wealthy individuals have been able to accumulate their wealth. They have been able to do so through effective financial planning and embedding good financial habits into their daily lives. They have also been able to diversify their income streams and invest in business ventures.

Despite their wealth, the top 1% of the population still feels disengaged from politics. This could be because they are worried that the policies of the current government will harm them and their families. They may also be concerned about the inequality that is being created across the country.

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