“More Millionaires” In Britain
LONDON, January 21. A big increase in the number of “millionaires” in Britain during the financial year 1953-54 was disclosed in a report which shows that 190 persons had an income of £6OOO a year in 1953-54 after paying income tax and surtax, compared with only 35 the year before.
It has been estimated that to have a net income of £6OOO a year in Britain a man must be a millionaire. In 1938 there were 6560 in this group.
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Press, Volume XCIII, Issue 27873, 23 January 1956, Page 11
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84“More Millionaires” In Britain Press, Volume XCIII, Issue 27873, 23 January 1956, Page 11
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