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Barclays Premier Banking Reports Kensington Becomes First Place in...

The London Borough of Kensington and Chelsea has become the first area in the country to breakthrough the 100,000 barrier for average household income according to the latest wealth survey by Barclays Premier Banking, the personal banking service for affluent customers. The average household earnings in the Royal Borough are now 101,600, an increase of seven per cent over the last year. The average earnings in the borough are over 20,000 higher than its nearest challengers, the cities of London and Westminster (81,425) followed by Hampstead and Highgate (77,500).

Beaconsfield, in Buckinghamshire, is the wealthiest place outside of the capital with an average household income of 74,345 whilst the wealthiest place outside the south-east is Tatton in Cheshire, which ranks 13th nationally with an average income of 62,350. The fastest growing wealthy area in the country is the Cotswolds; household incomes here increased by nine per cent over the last year to an average of 60,800.

Bret Packard, managing director of Barclays Premier Banking (http://www.barclays.co.uk/premier/ ), which helps with financial planning and has personal managers available at all times, come in."

Notes to editors:

About Barclays Premier (http://www.barclays.co.uk/premier/ ) service aimed at customers with earnings over 100,000 or with over 50,000 of assets to invest.

Premier banking is designed for high earners, which offers personalised banking services. Customers receive their own bank manager, who is locally based and on hand to deal with their financial needs to make banking as effortless as possible. Premier banking currently has approximately 270,000 clients.

About Barclays

Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the USA, Africa and Asia.

Barclays is one of the largest financial services companies in the world by market capitalisation. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 127,000 people. Barclays moves, lends, invests and protects money for over 27 million customers and clients worldwide.

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