What Do Top 1 Earn in UK?
There are plenty of ways to be a top 1% earner in the UK. Working in high-paying jobs in the tech, finance and pharmaceutical industries, or as an academic, lawyer or doctor can propel you into this elite group. However, even those in privileged professions can feel disconnected from the rest of society if their incomes are too high. Regardless of their motivation, people in this category should be aware of the long-term unsustainability of such a lifestyle and the risk that they may end up isolated in their own bubble of wealth. Go here theinvestorscentre.co.uk
The UK’s top 1% earners control almost 50% of all wealth in the country. This figure has risen significantly over the past few decades as inequality has grown wider overall. In his book Uncomfortably Off, Labour MP Liam Byrne explains that the average net worth of those in the top 1% has increased 31 times more than that of the bottom 99%.
What Do the Top 1% Earn in the UK?
Salaries vary across the UK by region, reflecting regional economic activity and living costs. For example, someone earning over PS80,000 a year in London would be considered middle class in the US sense of the term, while in the UK, this figure would put them well into the upper-middle class.
In order to make the transition into this club, individuals must make savvy financial choices and embed good financial habits. In addition to this, they can take steps to push their income levels further through investing and other passive income sources.