Britain suffers biggest wealth slump since Covid-19 – UBS

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The UK has recorded the steepest decline in household wealth, while Russia ranks among the strongest performers

Britain has suffered the biggest fall in household wealth among high-income economies since the Covid-19 pandemic, according to the UBS Global Wealth Report 2026.

The Swiss bank’s annual report measures household net wealth – the value of assets such as homes, savings, and investments, minus liabilities – across 56 markets representing more than 90% of global wealth.

According to the report, Britain’s average wealth per adult fell by 23.2% between 2020 and 2025 – the steepest decline among the developed economies surveyed. Median wealth per adult dropped to just over £95,500 ($126,500), leaving the typical Briton slightly wealthier than the French but behind Italians and the Dutch.

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