A fifth (19 percent) or UK adults with more than £250,000 in assets plan to buy a small business in the future.
Brown Shipley surveyed over 4000 UK consumers included a representative sample of over 800 of the nation’s wealthy – defined as those with more than £100,000 in assets that they can readily access, 350 of whom have more than £250,000 in assets.
The wealth manager found that 35 percent of ultra wealthy individuals plan on investing in a new business to help kick start the economy after Covid-19.
Just under half of the wealthy individuals said they would leave an inheritance (48 percent). This i...