One in 20 London households worth £1m

One in every 20 households in London is worth £1m (€1.5m) or more, according to research out today.

Fewer than than 1% of Britain's £1m (€1.5m)-plus households are in Northern Ireland, where CEBR estimates there are just 4,000 millionaires, while there are thought to be only 7,000 in the North East of England.