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Number of UK millionaires falls to lowest level since 2008 financial crisis

Sources
3
Coverage
Left + Centre + Right
Sentiment
-0.30
◀ Left 33%Centre 33%Right 33% ▶
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NEWSDECK ANALYSIS
The coverage across different outlets agrees on the decline in the number of UK millionaires to its lowest level since the 2008 financial crisis. However, the framing and tone vary, with The Independent maintaining a neutral tone, while City AM, regardless of its left or right leaning, adopts a critical tone. Guido Fawkes also reports the decline with a similar tone to the right-leaning City AM, indicating a divergence in how the story is presented based on the outlet's perspective.
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Left
(1)
The Independent
Neutral
Number of UK millionaires falls to lowest level since 2008 financial crisis
There were over 1m millionaires heading into the pandemic but the number has steadily fallen since
28 Jul, 07:54
Centre
(1)
City AM
Critical
Britain has the lowest level of millionaires since the financial crisis – and that’s no accident
The number of millionaires in Britain has sunk to its lowest level since the 2008 financial crisis. Rich residents aren’t just fleeing because of policy choices like high levels of tax and the removal of non-dom status, but also a cultural hostility to wealth, says James Lawson It is no secret that the wealthy and [...]
28 Jul, 07:28
Right
(1)
Guido Fawkes
UK Millionaire Numbers Fall to Lowest Level Since Financial Crisis
New research from the Adam Smith Institute shows the number of millionaires residing in the UK is at its lowest level since the global financial crisis. Labour policies having their intended effect then… The think tank’s Millionaire Tracker now shows that there are 442,000 sterling millionaires in Britain, down by 7% since 2024. It says:…
27 Jul, 14:07