UK’s 50 richest families hold more wealth than 50% of population, analysis finds

> The number of billionaires in the UK has grown sharply – from 15 in 1990 to 165 in 2024 – at the same time as inequality in the UK’s overall wealth distribution has dramatically increased, analysis has found.

> Timed to coincide with the Sunday Times’ rich list, the Equality Trust’s investigation also found that billionaires have become “ludicrously” more wealthy, with their average wealth rocketing by more than 1,000% over the same period.

Gonna think about articles like this every time someone asks ‘how are we going to pay’ for vital public services.

The money’s still there. It’s just being increasingly hoarded by a tiny number of people at the very top. The richest people in society have become 1000% more richer over the past 35 years, can the average person in this country claim anything close to that?

Some of these families have been wealthy since Norman invasion when they took power with brute force, yet they get special treatment and deference on top of wealth and inherent privilege

Look over there laddie…. That immigrant wants your biscuit!

And all the people who never took any risks, who never produced anything useful, who never invested in the long term, are crying envying and requesting redistribution

Sad thing is, Reform UK LTD PLC INC voter “Steve from Blackburn” thinks that, by voting Reform UK LTD PLC INC, he may just one day also become a billionaire, despite dropping out of school at 4, having 473 criminal convictions, not a single qualification, and can barely speak his own language.

But remember, it’s still the sick and disabled who are making your lives a misery. That is the official party line

They lied, there *is* a magic money tree.

Make a tax on people moving their money abroad first before doing anything else this time …

But I thought all of my issues were the fault of a refugee escaping a war we created in their country decades ago

The argument of “there’s not enough money” for public services, investment or infrastructure is just complete and utter bollocks innit.

Trickle down economics was the biggest con ever.

The government should be forcibly taking the wealth they’re hoarding ngl. There’s no reason why a single person should be nearly as rich as a nation

Farage will tell his supporters, “Look, it’s fifty-fifty, all fair, and what you should really get angry about is that Brown child in that dingy over there.”

…And the ignorant f**kwits will lap it up.

So much ridiculousness here…

The issue this country has is the wealthy here do not take RISKS with their money. You don’t see British VCs blowing money on ridiculous start ups, which is a bad thing. We need to create an environment where we encourage risky investments by wealthy people.

Businesses dont invest in productive assets either. Old money wealthy here just want to get blood from a stone.

Are we at pitchfork and torches yet? Let me know when we are.

If only the poor people would realise the elites are the real enemy…..instead of fighting over skin colour, trans issues, religion etc

I too have a capitalist bias but when I see that the late Queen’s Estate and King Charles have NO liability to pay re inheritance tax, and the wealthiest like Duke of Westminster only pay 6% every 10 years ( equivalent to 67 years at standard 40%) then my inner Corbyn comes out. I shrug my shoulders as we know every shade of government isn’t going to make decisions that benefit us for long term ( such as how do we change the tax rules to stop multinationals paying nominal corporation tax) as they are really only interested in the next 3-5 years and keeping their parliamentary power before taking a directorship at one of their mates companies. Having read this back maybe I’m really a socialist with a centre right bias. Off to bed now!