Giving in the UK in general may have fallen as a result of the recession and millionaires may be less wealthy than they were (the Sunday Times Rich List 2009 reported a 37 per cent fall in the collective wealth of the 1,000 richest people based in the UK, while the Centre for Economics and Business Research noted a halving in the number of UK-based millionaires and a decline of 24 per cent in the wealth of the average UK millionaire since 2007), but the 2007/08 Coutts Million Pound Donors Report suggests that the very wealthy are still giving to charity.