Millennials now 'most valuable' group to UK financial institutions

Due to larger wallet size

Hannah Godfrey
clock • 1 min read

UK millennials are the 'most valuable' demographic group to financial institutions, with the average millennial wallet size now 40% greater than the wider UK adult demographic, research by Telstra has found.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Quilter's Lindsay James: Investors in the dark as inflation risk rises

Quilter's Lindsay James: Investors in the dark as inflation risk rises

US shutdown delaying data

Lindsay James
clock 17 October 2025 • 3 min read
Market Movers blog: UK and European markets recover from sluggish openings

Market Movers blog: UK and European markets recover from sluggish openings

Latest news and analysis

Investment Week
clock 16 October 2025 • 1 min read
'Crunch' time for Reeves as UK GDP inches up while trade plummets

'Crunch' time for Reeves as UK GDP inches up while trade plummets

Total goods and services trade deficit hit £5.2bn

Patrick Brusnahan
clock 16 October 2025 • 1 min read
Trustpilot