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Feeling the pinch? The super-rich certainly aren’t

Credit Suisse’s ‘wealth’ report will show how higher prices and rising inflation are hitting ordinar..

By admin , in Money , at November 22, 2017

Credit Suisse’s ‘wealth’ report will show how higher prices and rising inflation are hitting ordinary Brits – and make fast-growing differences in wealth even starker

While consumers may be able to tell from the cost of their weekly shop that the Brexit referendum has made life more expensive, this week we will get some indication of how the wealth of the nation as a whole has fared since the vote last year.

Credit Suisse is due to release its annual global wealth report, containing details of how the average household has withstood a year of currency drops and inflation rises. Last year the report revealed that £1.2bn had been wiped off the wealth of the UK after the vote, but that Britain remained a very attractive place for ultra-high net worth individuals, beaten only by the US and China.

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