HC Deb 11 July 1983 vol 45 cc254-5W
Mr. Stuart Holland

asked the Chancellor of the Exchequer what proportion of personal wealth was represented by the top 2, 10 and 20 per cent., respectively, of the British population since 1979.

Mr. Ridley

I regret that this information is not readily available in the form requested. However, the amounts of personal wealth, including occupational and state pension rights, held by the wealthiest 2 per cent., 10 per cent. and 25 per cent. of the adult population of the United Kingdom in the years 1979, 1980 and 1981 (the latest year available) were:

Distribution of personal wealth, including pension rights, amongst the adult population
Percentage of wealth owned by Year
1979 per cent. 1980 per cent. 1981 per cent.
Wealthiest 2 per cent. 18 16 16
Wealthiest 10 per cent. 37 35 35
Wealthiest 25 per cent.* 58–61 57–60 57–60
The basis of these estimates is set out in "Inland Revenue Statistics, 1982"
* This range of estimates depends on assumptions made about the relationship between occupational pension rights and other forms of wealth.