Photograph used under GNU free documentation licence and is by David Iliff (2008) and can be found on Wikipedia here.
I read an article on the Lovemoney website about the people of Richmond in south west London, they have very high savings compared to the rest of the UK; they are obviously better off. The average savings were quoted as being £29,765 (figures from the Halifax). This was followed up by ‘What we shouldn’t learn from the people of Richmond’ in a blog by the CCCS (Consumer Credit Counselling Service) that told us that despite the savings the people of Richmond also had debts averaging over £19,000. (more…)