Why Ethnic?
The ethnic populace accounts for over 15% of the UK population and plays a vital part in the economy of most brands. (Estimated around 9.3 million; source: Office for National Statistics 2011).
The disposable income of the ethnic population is estimated at £300 billion. (Source: IDS)
The cross-section covers all age ranges and profiles, from AB to C2De, from professionals to the self-employed, and up to 20% of the UK’s grocery trade comes through independent retailers, 75% of which are Asian owned and run, making Asian television an important consideration from a trade perspective. (Source: MEMS TV)
IMAGE AND DATA COURTESY: ETHNOPEDIA.CO.UK
INTERESTING FACTS
MULTICULTURAL BRITAIN
Geography
London houses the largest number of ethnic minorities and Eastern Europeans and is home to people from 189 out of the 192 countries recognised by the UN. The largest number of ethnic minorities live in Newham (68 per cent).
Age profile
The median age for ethnic minorities is 27 compared with 40 for their white counterparts.
Household profile
The average Bangladeshi household contains 4.5 people, followed by Pakistani (4.1) and Indian (3.3). The smallest households are White Irish (2.1) and Black Caribbean and White British (2.3).
Labour market
Black Caribbean and Indian groups exhibit the highest rates of economic activity (77.7 per cent each). White Indians exhibit the highest rate of employment (71.3 per cent).
Disposable incomes
The projection for the disposable income of ethnic minorities is pounds 300 billion in 2011.
Consumer insights
Ethnic groups are keen users of new technologies and 60 per cent are more likely to have cable and satellite TV to view programming associated with their own culture.
Business performance
275,000 ethnic minorities run small businesses that contribute £20 billion to the UK economy. In London, there are 66,000 ethnic-owned businesses employing 560,000 people and with a turnover of £90 billion in sales. Their business performance outstrips that of their white counterparts.
SOURCE: www.diversemag.co.uk
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