Anyone lose membership of this particular club?
May 27 (Bloomberg) -- The U.K.’s millionaire club has shriveled by half because of the slump in property prices, falling stock prices and smaller bonuses, the Centre for Economics and Business Research said.
There are currently 242,000 people living in Britain with assets of at least 1 million pounds ($1.6 million), compared with 489,000 estimated in the CEBR’s previous report in 2007, the research group said today in London.
Thursday, May 28, 2009
The millionaire's club
Labels:
Bank of England,
bankruptcy,
crash,
finance,
insolvency,
London,
UK,
UK banking,
UK economy,
UK house prices,
UK housing
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