Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Indian households in the UK became the wealthiest ethnic group by 2021–23, while Pakistani households saw wealth declines.

flag A London School of Economics report reveals that Indian households in the UK saw the largest wealth gains from 2012–14 to 2021–23, becoming the wealthiest ethnic group, while Pakistani households experienced a significant decline in median wealth. flag UK-born Indians outperformed both non-UK-born Indians and White British individuals. flag Wealth growth was strongest among White British, Indian, and Asian Other groups, driven by consistent income gains and higher home and investment ownership. flag In contrast, Bangladeshi, Black Caribbean, and Black African groups saw little to no wealth accumulation, with many having no savings and facing higher risks of downward mobility. flag The report attributes disparities to long-term income differences and unequal asset accumulation.

4 Articles