A wealth of variety

The variation in household wealth across Britain and what it means for policy

In this briefing note we explore how wealth was distributed across the nations and regions of Britain on the eve of the pandemic, what determined those differences, and how wealth has evolved in different places since the recent rise in interest rates began. We also explore the policy implications, in particular how Council Tax as the primary wealth tax in the UK should be reformed to lean against the stark wealth disparities we see across the nations and regions.