LONDON (Reuters) -Rising asset prices have widened the wealth gap between the most well off 10% of British households and the average, a think tank said on Wednesday, highlighting the country’s growing wealth inequality.

The Resolution Foundation, which focuses on issues facing lower- and middle-income Britons, said the richest 10% of households held around half of total assets, little changed since the 1980s.

But rises in prices for assets – chief among them property and private pension savings – had made it harder for average earners to catch up.

Household wealth for an adult in the wealthiest 10% of households in 2020/22 was on average 1.3 million pounds greater than that for someone in a household in the middle of the wealth distribution, compared with 1 million pounds in 2006-08.

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