Daily Telegraph:
The combined wealth of the UK’s top five billionaires and their families is more than £28.1 billion, an Oxfam report says.
The country’s five richest families are wealthier than the poorest 20 per cent of the population, a leading charity has revealed. 28.1 billion of the 12.6 million people who are society’s poorest. Titled A Tale Of Two Britain’s, the report shows that 0.1 per cent of the population have seen their income grow by £24,000 a year, while the incomes of the poorest 90% of Britons have gone up by an average of £2.82 a week, or £147 a year.
Britain’s richest family, the Grosvenors, headed by the Duke of Westminster, has a fortune of around £7.9 billion, which is more than the bottom 10 per cent of the population combined.
In January, an Oxfam report found that the richest 85 billionaires on the planet own the same amount between them as half the world’s population, or 3.5 billion people.