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in 2000, £23,200 was the average income for a single household.

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17y ago

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Is 75k a year a lot of money?

I should say so! Well the average income in the UK is something like £20,000, so its well above that!


What is Gross National Income?

Gross National Income (GNI) comprises the total value k produced within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), less similar payments made to other countries. For example, if a British-owned company operating in another country sends some of its income (profits) back to UK, the UK's GNI is enhanced. Similarly, the repatriation of profit from a US-owned company operating in the UK will count towards US GNI, but not count towards UK GNI.


What are the requirements for obtaining a loan from the UK?

To obtain a loan in the UK, you typically need to have a good credit score, stable income, and be a resident of the UK. Lenders will also consider your employment status, debt-to-income ratio, and the purpose of the loan. Additionally, providing documentation such as proof of identity, address, and bank statements may be required.


What are the eligibility requirements for guarantor loans in the UK?

To be eligible for guarantor loans in the UK, you typically need to have a good credit score, be a UK resident, have a stable income, and be willing to have a guarantor who will step in to make payments if you cannot.


What are the requirements for obtaining a buy-to-let mortgage in the UK?

To obtain a buy-to-let mortgage in the UK, you typically need a good credit score, a steady income, and a deposit of at least 25 of the property's value. Lenders will also assess the rental income potential of the property to ensure it can cover the mortgage payments.

Related Questions

What is the average income of the UK?

£35,000


What is the average income for a family in Scotland?

The average income in UK is £ 32,779. For more information, see Related Links, below.


What is the average monthly income of a solicitor practisng in UK?

£45,000-£75,000


'What is the average per capita income in London UK'?

about 27,700 since 2003


How much money does the average person in the UK earn?

The average person in the UK makes around 42,000 dollars a year. This is higher than the US national average income.


What is the average family size in the UK?

1.8 in 2007 survey


Average UK income?

http://www.statistics.gov.uk/images/charts/334.gif Hope this helps.


What is the average gross income in the US?

I hope i can help you to understand the modern political psychy and how and why it suppresses your simple question from being honestly answered in the public statistics. As a Brit ive repeatedly tried to discover the average, gross, adult income figure for the UK. What ive so far found out is that the UK government uses Inland Revenue figures to compile the UK's 'average, gross, income' figure. But this average only includes the 29 million people whose incomes are over the basic income tax threshold. So the UK government seems to be craftily omitting all the people with below the basic income tax threshold incomes from the average income calculation which makes an enourmously exagerated nonsence of UK government's average income figure. I can only supose that the UK government wants to mislead the Public by grossly exagerating the average income figure because it makes the incomes of the wealthy including politicians not look so comparatively disgusting. Im convinced that our UK political class are now absolutely accustomed to deceiving the public and very largly because the political class are now all a plutocratic class. Theyve always betrayed the under priviledged class most of whom have an undiagnosed educational disability and they now for many decades have betrayed Middle England as well. The political class typically are a bunch of greedy, lieing, incompetent plutocrats. The only things that they have a talent for is lieing to the public and lining their own pockets. Come back you pharassesse and saducesse we forgive you!


What percentage of a families income is spent on energy?

It depends on what part of the world the family lives. In the UK, it is about 5%, or at least that is the general consensus


What is the average income in the UK?

Female (40%)-£17,801-£32,355 Male (60%)-£22,255-£44,211 Hope it helps xx


What is the average weekly household income in the UK?

The average household in the United Kingdom earns around $27,000 (once converted to U. S. dollars). This is a little more than $500 a week on average.


What is the 2008 UK median income?

According to the ONS the UK's median income for the tax year 08/09 is £27,500