Report

Before the fall

This report from UK think tank the Resolution Foundation looks at distribution of household wealth in Britain and the impact on families.

This report is the fourth in our series of ‘audits’ of households’ wealth, offering the most comprehensive assessment of wealth inequality in Britain. It comes against a backdrop of an unprecedented mix of economic shocks and policy interventions during the Covid-19 pandemic and its aftermath which have had profound effects on family finances.

This report draws on new data from the Wealth and Assets Survey (WAS), covering April 2020 to March 2022, to provide a comprehensive analysis of the effects of the pandemic on household balance sheets. We also use new data to explore the extent to which people move up and down the wealth distribution, shedding new light on the persistence of wealth inequality.