| The recession is over. Or is it? It seems that numerous | | | | left behind as spending rises and there have recently |
| headlines from newspapers, magazines and television | | | | been a number of homes being sold for above |
| news are all claiming different things. Some say that | | | | £10 million. Even though people are still hesitant, |
| there is light at the end of the tunnel whilst others | | | | high net worth clients included, home sales are still |
| proclaim that the darkness is set to stay around for a | | | | being made and the numbers of homes sold are |
| while longer. High net worth individuals are back in full | | | | expected to increase. |
| force and as we approach Christmas, spending | | | | The jewellery market is also recovering slowly but |
| sprees of cars, homes and luxury items are on the | | | | surely and wealthy people are spending thousands of |
| rise. And as we watch the market slowly rise, many | | | | pounds on gold and silver pieces as the year comes |
| are hoping that this is the end of a very low dip. | | | | to a close. |
| Bentley, one of the leading luxury car manufacturers | | | | It seems that this economic slump has not affected |
| announced earlier this week that they are going ahead | | | | the high net worth individuals as much as many have |
| and producing their Mulsanne model that will be | | | | expected. Researchers say that even though the ultra |
| available in the UK summer and this will definitely | | | | high net worth individuals have lost more percentage |
| appeal to individuals who fall into the high net worth | | | | wise, they still have a large amount of funds, and the |
| bracket. Bentley feels extremely confident with this | | | | loss of additional funds have not made a big impact on |
| decision and claim that the demand for this super | | | | their lifestyle. |
| exclusive car is high. They added that orders are | | | | It will still be a considerable amount of time before |
| streaming in as many high net worth individuals order | | | | London and the rest of the UK return to pre-2007 |
| their new motor vehicle for the summer season. | | | | economic levels. Even though the number of high net |
| London's elite are not only spending their cash on cars, | | | | worth individuals does not seem to be rising at this |
| but also forking out on luxurious London property, | | | | present time, the amount of money they are beginning |
| exquisite jewellery and one of a kind art pieces. Even | | | | to spend is, as all the Bentleys, mansions and yachts |
| yacht sales are up again. London houses are not being | | | | being sold would imply. |