Wealth & assets Peaked Interest? What higher interest rates mean for the size and distribution of Britain's household wealth 17 July 2023 by Molly Broome and Ian Mulheirn and Simon Pittaway Over the past four decades, the total value of wealth owned by UK households has been on a seemingly-relentless upward path: rising from around three-times GDP in the mid 1980s to almost eight-times. The key driver of this rise in wealth has been falling interest rates and the associated increase in asset prices. But the … Continued READ MORE
