The number of millionaires in the UK has shot up by 41 per cent over the past five years thanks to booming house prices and stock market gains, according to new figures.
The Barclays UK Prosperity Map shows there are now 715,000 millionaires living in Britain compared with 508,000 in 2010 - and nearly half, or 48 per cent, of all new millionaires since 2010 live outside London and the South East.
Its prosperity index found that Reading, Cambridge and Birmingham are the most affluent cities outside of London, while the East of England is the third most prosperous area.
Cities ranked according to the prosperity index are:
1. London
2. Reading
3. Cambridge
4. Birmingham
5. Bristol
6. Leeds
7. Cardiff
8. Manchester
9. Liverpool
10. Newcastle
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