A study has revealed that the average incomes of residents in Kensington and Chelsea had topped £100,000 for the first time.
The Guardian. The Times. Daily Telegraph. The Independent. Financial Times

Barclays latest wealth survey shows that the London borough became the first area in the country where the average household income was pushed up by the super-rich to more than six figures.

Home to many of the capital's hedge fund managers and private equity buccaneers, average annual household earnings in the borough are £101,600, an increase of 7% over the past year.

In its nearest rival, Westminster, the typical family earned £81,425 a year.

Tatton in Cheshire and the Cotswolds in the south-west – with average household incomes of £62,350 and £60,800 respectively – were the only places outside London and the south-east to make it into the top 20.