Britons ‘richer than Americans’

The average UK person will this year have a greater income than their US counterpart for the first time since the 19th Century, figures suggest.
Analyst Oxford Economics said the UK’s GDP per head of population will reach £23,500 – £250 higher than in the US.

However, because goods and services are cheaper in the US, Americans will have stronger purchasing power, it added.

UK GDP per capita will also be higher than in Germany (£21,665) and France (£21,700), Oxford Economics calculated.

Managing director Adrian Cooper said: “The last 15 years have seen a dramatic change in the UK’s economic performance and its position in the world economy.


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