What salary makes someone ‘rich’? Brits reveal the magic number…

In a survey, British people were asked how much they would have to earn to feel rich The average amount is almost three times the average wage Scots had the highest standards, while those in Yorkshire set their sights lower You need to earn almost £100,000 a year to be considered rich, a study claims… … Read more

What salary makes someone ‘rich’? Brits reveal their magic number…

Regional variation: People in Scotland say that to be rich you need to earn more than £106,520, while those in Yorkshire and the Humber say £86,376 is enough

In a survey, Britons were asked how much they would need to earn to feel rich Scots had the highest standards, while those in Yorkshire set their sights lower By Harvey Dorset Updated: 6:16 AM EDT, June 26, 2024 You need to earn almost £100,000 a year to be considered rich, a study claims… but … Read more

Rich countries plan to buy more gold despite record prices

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Central banks of advanced economies expect gold’s share of global reserves to rise at the expense of the US dollar, as these institutions look to follow the lead of emerging markets in buying precious metals. … Read more

Corporations and universities are getting rich by shifting the costs to the rest of us

If we discovered that a business leader had made his fortune not only by making a large profit on the goods or services he sold, but also by stealing the incomes and savings of innocent members of the public – people who had no connection whatsoever their company – we would be outraged. Demands would … Read more