UK households have suffered a sharp fall in wealth as global turmoil stokes a rise in the cost of living, new figures show.
Average wealth as estimated by households has fallen by 17.5pc from £126,482 in 2025 to £104,329 this year according to a poll by St James’s Place.
The survey of 6,000 people showed that the drop was seen across income groups. It was the biggest fall measured since the study began four years ago.
Rising costs of essentials such as food as well as the lack of a salary increase, higher rent and higher tax bills were among the challenges hitting
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