Super-rich soaring away

‘… the richest 1,000 persons in the UK have increased their wealth by no less than £35bn in the last year alone. Since the financial crash 4 years ago, their wealth has soared by a staggering £190bn. That’s just their gains. All told their collective total wealth has now reached a mind-boggling £449bn. Just 200 of them are now worth £318bn, while the richest 100, only 0.0003% of the electorate, now have wealth estimated at £257bn – in other words each of them on average possesses wealth exceeding £2.5bn. There are now 88 billionaires in Britain, 11 more than the year before.’

Michael Meacher MP

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