| Are the rich still getting richer in the UK? 15:25 - Jun 19 with 751 views | AnotherJohn |
Many people say the answer to coping with the cost of living crisis and the rise in welfare spending is to tax the rich more, but are the rich doing as well as we think? I was surprised earlier in the year when looking at the Sunday Times Rich List 2025 to see that there are as many at the top with falling assets as there are gainers. Then I look at my own (very modest) dabbling in the stock market, where the performance of UK equities has been pretty underwhelming. Today I see that UBS’s annual Wealth Report found that average household wealth in Britain fell 3.6 per cent in 2024. Is there truth in this? And if there is, doesn't this mean that the wealthy are going to struggle to bail the UK out of its dire economic situation?
https://www.msn.com/en-gb/money/other/britain-suffers-second-biggest-wealth-drop
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| Are the rich still getting richer in the UK? on 15:33 - Jun 19 with 734 views | SullutaCreturned |
A rich persons net value may drop but it won't have dropped by as much as a poor person, the inequality gap/wealth divide is still getting wider.
Several reports indicate a dramatic increase in billionaire wealth in the UK. One study found that UK billionaires' wealth increased by £35 million a day, reaching £182 billion. Another report shows a 1,000% increase in billionaire wealth since 1990, with the top 50 richest families now holding more wealth than the poorest half of the population according to The Guardian | | | |
| Are the rich still getting richer in the UK? on 09:45 - Jun 20 with 588 views | felixstowe_jack |
Everyone is getting richer. Wages growing by more than inflation and so are benefits. | |
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| Are the rich still getting richer in the UK? on 09:51 - Jun 20 with 580 views | Whiterockin |
Define rich. One man's rich is another man's poor. |  | | |
| Are the rich still getting richer in the UK? on 10:33 - Jun 20 with 541 views | trampie |
| Are the rich still getting richer in the UK? on 09:45 - Jun 20 by felixstowe_jack |
Everyone is getting richer. Wages growing by more than inflation and so are benefits. |
You must think the Governments at regional and national levels are all doing a fine job then. |  |
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| Are the rich still getting richer in the UK? on 12:15 - Jun 20 with 492 views | Boundy |
| Are the rich still getting richer in the UK? on 09:45 - Jun 20 by felixstowe_jack |
Everyone is getting richer. Wages growing by more than inflation and so are benefits. |
You sure about that ? not around where I live they're not ,any pay awards which do take place are being eaten up by higher bills such as food, fuel, council tax etc. | |
| "In a free society, the State is the servant of the people—not the master." |
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| Are the rich still getting richer in the UK? on 15:13 - Jun 20 with 438 views | SullutaCreturned |
| Are the rich still getting richer in the UK? on 09:45 - Jun 20 by felixstowe_jack |
Everyone is getting richer. Wages growing by more than inflation and so are benefits. |
No, people are getting more money BUt prices are still rising ahead of pay rises. | | | |
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