Overview
The Resolution Foundation and abrdn Financial Fairness Trust are working together to explore wealth in modern Britain. We produce an annual audit of wealth in the UK. We also examine specific areas such as savings, assets or incomes in depth.
The report focuses on the distribution of wealth across Britain in the run-up to the pandemic, and how the pandemic had different impacts on the balance sheets of richer and poorer households. The research shows that lower-income households were twice as likely as high-income households to have increased their use of consumer credit during the crisis, and were 50% more likely to have saved less than usual, leaving them particularly exposed to the ongoing economic crisis.