New Delhi, Jan. 26 -- Indian origin households now lead as the United Kingdom's wealthiest ethnic group, according to a report by the London School of Economics and Political Science (LSE). The study reveals that the median wealth for Indian households jumped from GBP 93,000 in the 2012/14 period to GBP 206,000 by 2021/23. This trajectory outpaces all other ethnic demographics in the country through a combination of homeownership and strategic investments.

The report highlights that the largest gains in the UK are concentrated within the Indian and Asian Other groups. While the Indian group saw its median wealth rise by GBP 93,000 (from GBP 113,000 to GBP 206,000 for the Indian group), the Asian Other group experienced a surge from GBP 3...