Quickfire Roundup: The most recent data concludes that the top 1% of earners in the UK are earning £201,000 a year pre-tax income. This translates into £16,750 a month or £3,865 a week. Whilst these numbers are enormous these earners fall into the UK’s higher tax brackets meaning they pay 40% of earnings above £50,271 […]
What Is The Top 1 Percent Of UK Income in 2026? (It’s Lower Than You Think) Read More »
Quickfire Roundup: The Office for National Statistics reports that in 2024, the median full-time annual salary in London was £47,455. This represented an almost 7% increase when compared to 2023 wages which averaged £44,370 for Londoners. The national average salary or median wage as it’s also known was £37,430 as of April 2024 meaning the
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Quickfire Roundup: A salary of £20k is well below the UK national average of £37k, and also below the gross salary for a full-time worker on minimum wage (£23,809 at £12.21/hour for over 21s) However, this figure doesn’t take into account the varying cost of living across different regions. In more rural areas, you might
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Quickfire Roundup: You might think a salary advance is a great idea because it is easy money, but it certainly comes with some considerations! Although it provides necessary cash in a pinch, you could become trapped in a spiral of debt. Fortunately, there are several alternatives to a salary advance that will boost your credit
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Quickfire Roundup: According to Statista, the median annual earnings for the United Kingdom was 37k in 2024. So, 75k is more than double the national average salary! Based on the same statistics, the average salary for those living in London was £47,455. Britain’s capital, of course, has a higher cost of living. However, £75k is still over £30k higher
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Quickfire Roundup: An annual salary of £55,000 is a very good wage in the UK. It is above the national average and would be more than suitable for living in an area like London. If you live somewhere where the cost of living is significantly lower, you can expect your £55,000 salary to go even
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Quickfire Roundup: Statistically, 65k is an amazing salary to earn in the UK. The average salary of UK residents in 2024 was 37k. 65k would allow you to live comfortably in most areas of the UK. 65k will also allow you to live in the most expensive city in the UK – London! The median
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Quickfire Roundup: £45k is considered an above-average salary in the UK and should be more than enough to live on if you’re savvy with your money. However, you may struggle if you have dependents or live in an expensive part of the country. Budgeting can help you account for your day-to-day and monthly living expenses.
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Quickfire Roundup: A 90k salary is above the national average salary for a full-time employee. The average UK salary can range quite vastly depending on the exact location in the UK, with full-time workers in London earning an average yearly wage of £47,455 compared to a national average of around £37,000. A 90k salary is
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Quickfire Roundup: If you’re earning £80k a year in the UK, your salary is well above the national average. Still, you may be wondering if it’s a good enough salary to suit your lifestyle while still saving to meet your financial goals. £80k can be a perfect salary, as long as you know how to
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