Richest Britons getting richer

This video is called Even In The Middle Of The Crisis The Rich Keep Getting Richer.

By Rory MacKinnon in Britain:

Britain’s richest now £519 billion richer

Monday 19th may 2014

Annual Sunday Times Rich List shows a ‘phenomenal’ year for plutocrats

TRADE unionists, Labour MPs and social justice campaigners voiced renewed anger at Con-Dem coddling of billionaires yesterday following the Sunday Times’s release of the annual Rich List — a fawning who’s who of the wealthiest people in Britain.

The list’s author Philip Beresford declared a “phenomenal” year for the plutocrats’ personal wealth in 2013, with their combined fortunes soaring by 15.4 per cent since the Times’s last edition.

Its 1,000 entrants now cling to a total of £519 billion between them: up £69bn on the year before and more than double the amount held when the financial crisis struck in 2009.

Yet for ordinary households 2013 spelled more of the same, with inflation continuing to crush any hopes of a broader economic recovery.

Figures released just this week from the Office of National Statistics show the average worker in 2013 saw their income dwindle still further in real terms. Average weekly earnings including bonuses rose by just 1.7 per cent, not even enough to cover the inflation rate of 2.5 per cent.

Oxfam’s Rachael Orr said it was time for politicians to “grasp the nettle.” She said the rich had to be made to pay their taxes with a crackdown on legislative loopholes.

“It cannot be right that in Britain today a small elite are getting richer and richer while hundreds of thousands rely on foodbanks to feed their families,” she said.

Labour’s shadow treasury secretary Chris Leslie said it was “no wonder” the super-rich had seen a bumper year in light of Tory tax cuts.

“Labour is determined to ensure all working people feel the benefits of economic growth, not just a few at the top,” he said.

Meanwhile trade unionists were scathing, with rail union RMT acting general secretary Mick Cash railing against an “unprecedented” wealth gap.

“Britain is on the fast track to a total breakdown in social cohesion with millionaires piling up the cash while millions of working-class people are condemned to lives of insecurity and poverty,” he said.

It was now down to trade unions to channel public anger into action, he said.

Wirral Trades Union Council’s general secretary Alec McFadden told the Morning Star that the Rich List’s celebrity spivs had made their fortunes on the backs of those now sobbing in his local unemployed workers’ centre.

“Our case workers here, we’ve had to put them on suicide awareness courses for the first time ever because so many people are contemplating it,” he said.

Austerity rhetoric was an “excuse” for destroying the public sector and social services, he said: “If it was a financial crisis, how come people are making so much money out of it?”

THE Sunday Times Rich List revelation that the wealth of the 1,000 richest people in Britain has grown by 15.4 per cent over the last year shows that government policies are a huge success. They are working a dream for the people represented by the conservative coalition — the wealthy elite: here.

BRITAIN’S richest people have never been richer having cornered £520bn between them, says the Sunday Times Rich List. The 26th annual Sunday Times Rich List profiles the 1,000 richest individuals, virtually the whole of the ruling class: here.

The annual rich list published by the Sunday Times has revealed a staggering rise in wealth for Britain’s super-rich: here.

BRITAIN’S richest 20 per cent are the only ones enjoying Chancellor Osborne’s economic recovery as incomes slumped for working families last year, official figures revealed yesterday: here.

15 thoughts on “Richest Britons getting richer

  1. The rich are getting richer here in Australia also, the recent budget is to benefit the rich, and to make lower income people lower, I would say this is a symptom of the first World, what do you make of this phenomena? it seems to me governments throughout the world are puppet governments for the rich or are the rich, the rest is propaganda, the rich have big resources to manipulate the minds of the population, the rich have given the parallel idea to the public, if any state the opposite of what the message of the rich is, are dismissed as conspirators.


  2. Pingback: Economist Thomas Piketty, inequality, and the Financial Times | Dear Kitty. Some blog

  3. Pingback: Rich richer, poor poorer in the Netherlands | Dear Kitty. Some blog

  4. Pingback: British Labour politician admits Blair made inequality worse | Dear Kitty. Some blog

  5. Pingback: Big anti-austerity march in London | Dear Kitty. Some blog

  6. Pingback: British workers demonstrate against government austerity | Dear Kitty. Some blog

  7. Pingback: British Labour party and inequality | Dear Kitty. Some blog

  8. Pingback: Scrap British Trident nuclear weapons | Dear Kitty. Some blog

  9. Pingback: Billionaires got billions more in 2014 | Dear Kitty. Some blog

  10. Pingback: Trident nuclear weapons in British parliament | Dear Kitty. Some blog

  11. Pingback: Crisis, but not for rich Britons | Dear Kitty. Some blog

  12. Pingback: Tony Blair smears Corbyn, Bernie Sanders in the USA | Dear Kitty. Some blog

  13. Pingback: Rich Britons richer, poor Britons poorer | Dear Kitty. Some blog

  14. Pingback: The Socialist | Rich Britons richer, poor Britons poorer

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.