According to the blog of Michael Meacher MP
The Sunday Times Rich List, published today and compulsory reading for
anybody who wants to understand Britain’s power structure today, holds
three extremely significant conclusions. One is that the 1,000 richest
persons in the UK have increased their wealth by so much in the last 3
years – £155bn – that they themselves alone could pay off the entire UK
budget deficit and still leave themselves with £30bn to spare which
should be enough to keep the wolf from the door. The second, even more
staggering, is that whilst the rest of the country is being crippled by
the biggest public expenditure and benefits squeeze for a century,
these 1,000 persons, containing many of the bankers and hedge fund and
private equity operators who caused the financial crash in the first
place, have not been made subject to any tax payback whatever
commensurate to their gains.
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