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Indians thrive as U.K. ethnic wealth gap widens
The study notes that early home ownership by Indian-origin individuals was the key to the median wealth increase.
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Jeffin T. Kaleekal - Thu, 08, Jan 2026
- 02:51 EST
- 37
Representative image / Pexels
A recent study by the London School of Economics has revealed that Indian-origin individuals in the U.K. have experienced substantial increases in median wealth since 2012-14.
The study by the Centre for Analysis of Social Exclusion (CASE) at LSE showed that the wealth gap between ethnic groups has widened over the past decade, with Indian-origin and White British individuals recording a net increase in median wealth.
This wealth growth stands in sharp contrast to a significant decline among Pakistani households and the absence of accumulated household wealth among Black African, Black Caribbean and Bangladeshi ethnic groups.
The study notes that early home ownership by Indian-origin individuals was a key driver of the increase in median wealth.
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The spike in wealth is largely attributed to home or asset ownership rather than savings. It also found that wealth-poor ethnic groups have, in many cases, experienced a sharp decline in home ownership.
Rising property prices have disproportionately benefited Indian-origin and White British communities, many of whom became homeowners before the surge in prices.
At the same time, higher property prices have made home ownership increasingly difficult for communities that were largely not homeowners in earlier years.
The study found that second-generation Indians outperform both first-generation peers and White British counterparts, while U.K.-born individuals from Pakistani, Bangladeshi and Black Caribbean ethnic groups show limited progress.
However, the research also noted that wealth gains were disproportionately concentrated among those at the top, even within the Indian-origin population, resulting in a widening wealth gap within the group itself.
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