What are Average Earnings in the UK?

What are Average Earnings in the UK?

According to the Annual Survey of Hours and Earnings (ASHE), the “median” gross annual earnings in the UK are £20,801. If you are earning that sum a year it means that half the surveyed working population earns less than you and half more.

The BBC analysis of the ASHE survey shows that the top 25% of people have a gross annual salary of £31,759. The top 10% is from £44,881 and a gross annual salary of £58,917 gets you into the top 5%.

Update: 30 September 2020

In 2019, the UK’s median earnings went up by 2.9 per cent, meaning that the average person took home about £585 per week, which works out at around £30,420 a year.

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I am a partner at Succession Plus. We are specialists in providing proactive, focused and strategic advice for SME owners to help them manage strategic Business Succession and Exit Planning. I am enjoying a career that has embraced product and service businesses at all stages of their journey. I have worked in technology, telecoms, consumer electronics, payments, media, and publishing.

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