The number of UK sterling millionaires has dropped to its lowest point since the 2008 global financial crisis, with the nation now having 442,000 such individuals.

• The number of sterling millionaires in the UK has fallen by 7 percent from 2024.
• The decline was identified by the Adam Smith Institute, citing data from the Office for National Statistics (ONS).
• Factors contributing to the decrease include falling asset prices, low savings, and the emigration of high-net-worth individuals due to high taxation and a perceived "hostile culture to wealth creators."