This is how wealthy UK households are (as per the Office for National Statistics)

Aggregate total net wealth of all households in Great Britain was £12.8 trillion in July 2014 to June 2016, up 15% from the July 2012 to June 2014 figure of £11.1 trillion.

Median household total net wealth was £259,400 in July 2014 to June 2016, up from £225,100 in the previous period (an increase of 15%).

Source: Wealth and Assets Survey, Office for National Statistics

In July 2014 to June 2016, the wealth held by the top 10% of households was around five times greater than the wealth of the bottom half of all households combined.

Source: Wealth and Assets Survey, Office for National Statistics

In July 2014 to June 2016, aggregate total private pension wealth of all households in Great Britain was £5.3 trillion; this has increased from £4.4 trillion in July 2012 to June 2014.

In July 2014 to June 2016, 49% of individuals aged 16 to 64 years had some form of active private pension that they were contributing to (up from 44% in the previous period).

In July 2014 to June 2016, 66% of employees were actively contributing to a private pension scheme compared with 25% of self-employed, with median current pension wealth for employees being £33,000 compared with £21,000 for the self-employed.

There was a striking increase in the value of net property wealth for households in London compared with all other regions; median net property wealth in London was £351,000 in July 2014 to June 2016, a 33% increase from £263,000 in July 2012 to June 2014.

Total aggregate debt of all households in Great Britain was £1.23 trillion in July 2014 to June 2016 (a 7% increase from July 2012 to June 2014), of which £1.12 trillion was mortgage debt (6% higher) and £117.0 billion was financial debt (15% higher).

The South East remains the wealthiest; where half of all households had wealth of £380,600 or more in the period July 2014 to June 2016. The South East was followed by the South West and London, with median household total wealth of £336,400 and £316,600 respectively.

Source: Wealth and Assets Survey, Office for National Statistics

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