British Class Confusion

08 May 2006

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According to a survey by Liverpool Victoria, Brits are confused, at best, over which class they belong to

While 29% of Bank Managers said that they are working class, while as many as 36% of Bricklayers said they were Middle class. According to Liverpool Victoria, this means that the attitudes towards class are changing

"With financial measures such as income, investments and property, assets are becoming as significant as where you live or your education," commented Nigel Snell, Liverpool Victoria's head of corporate communications.

"The wealth gap between the classes is significant and may be compounded by the shorter-term attitude to saving and slightly higher debt burden of the working classes."

Overall, more than half of those questioned said that they were in the working class, although those, on average have more than twice the disposable income than the upper classes under Magret Thatcher’s rule.

The average middle class full-time worker earns 25,485 pounds a year, has a 220,000 pound home, savings of 7,800 pounds, investments of 7,700 pounds and unsecured debt of 3,300 pounds.

For the working class, income may be about 20,553 pounds a year while the home would be worth 129,000, savings about 4,000 pounds, and investments and debt both worth 2,700 pounds.

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