Brits don't feel wealthy unless they earn at least 370,000 a year

Britain's main opposition Labour wants to raise income tax for anyone over 80,000 while shadow chancellor John McDonnell classed anyone earning over 70,000 in Britain as rich.

But according to a survey of 1,555 professionals by employment data group Emolument that work in sectors are likely be paid a lot more than the average Briton, which clocks in at around 30,000 a year, the number is about more than five times this amount.

Emolument found that "the great majority of professionals do not [think they are wealthy] until they are well within the 1% wealthiest part of the population."

 

This article was published in Business Insider, 21st May 2017

 

Brits don't feel wealthy unless they earn at least 370,000 a year, published in Business Insider, 21st May 2017

 

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