A gap that won’t close

The distribution of wealth between ethnic groups in Great Britain

The coronavirus pandemic has shone a harsh light on wealth inequality in Britain, with wealth playing an important role shaping families’ experience of the crisis. This briefing examines the gaps in the wealth held by different ethnic groups, and how and why they have evolved over time, finding that very significant ethnicity wealth gaps remain. Unlike ethnic inequalities in education, pay and job prospects, differences in wealth between people of different ethnic groups have changed very little in recent years, and require significant policy reforms if they are to narrow in the future.