pslewis

Bank of England figures reveal that UK residents have £528 billion of cash on deposit.

Averaged out across the UK's 25 million households, this comes to over £21,000 per household.

An excellent state of affairs - thanks Mr Blair!!

The wealth more evenly distributed

Pete

angrynorth

LOL, "averaged out".

sti-04!!

Does that mean chavs are entitled to 21k of my money ???

dpb

yer riooght...

i got a bit more than my entitlement then...

Chip

Lewis you dont half come up with some **** dont you.

Chip

Vegescoob

Tut tut.
Your education in engineering will have covered some statistical work no doubt.
Perhaps a chart showing the distribution, among different income levels, of this cash would be of more validity.
Averaging means nothing here.
Please credit the rest of us with some sense.

paulr

Another boring Lewis post.
I'm ashamed of myself for replying to it.

unclebuck

paul - just ignore him mate. He's not worth the bandwidth.

KiwiGTI

What about the other study done that says that if you have more than £20,000 in net assets then you are in the richest 5% of the population

Jerome

90% of which is probably held by 10 people.

I imagine the Duke of Westminster has a few quid lurking around somewhere for starters...


<sound of me kicking myself for be drawn in to replying to pete>

Leslie

Just another example of making statistics making the situation to appear how they would like it to be even though it actually bears no relation to the real world!

Les

pslewis

You read it .... bad enough

You took the time to think of a reply .... ****

You actually typed out a response .... Billy No Mates!!

Pete

Suresh

Interesting numbers no doubt, but how did it look 10 years ago??

Chip

Maybe the people are keeping their cash for the the hard times to come.

Chip

AndyP2005

Oh look at me, I'm considerably-Richer-than-Youse. In your dreams waster

dpb

a chavmobile if ever i saw one....

David Lock

So when Mr Average (even if he existed) retires he's got £21k to invest for his retirement. Wow - that should be worth about twenty quid a week

Angry

And if you factor in the amount of debt every household has and average that out....

AndyP2005

Aww, where's your crappy boat gone lewis?

Done a bit of whining then have we

J4CKO

iTrader: (1)

Why do Purple loans and Ocean finance exist then ?

16vmarc

NSR Corner

Luan Pra bang

Roman Abramovich has it all everyone else is skint.