It is the largest rise in wealth since the rich list was first published 21 years ago. The 2010 Sunday Times Rich List, published today, reveals that the 1,000 richest people in the country increased their wealth by £77 billion last year, bringing their total wealth to £335.5 billion — it is startling that as a nation we are struggling with a £170 billion deficit... or just over double the amount that the richest have profited from... in one short year!
And be in no doubt that it is from us and us alone that this profit has come. We have directly injected cash into banks, finance and property... and it is in these areas that the rich have benefited most, profiting from our pay, our pensions and our jobs. The economy has not grown at all (well 0.2%) so where else can the ruling elite have made such gains if not from the money we have injected ostensibly to fend off a double dip recession. All the while they have been taking a multiple dip into the cash we have provided to support the economy.
In short we have been robbed and spectacularly so by the greediest and most venal bunch of wastrels in the history of the world.
All of this begs the question why is it all we have heard from the politicians has been an asinine debate about a mere £6 billion in national insurance increase that again the richest object to most. It can only be that all the main parties are mere puppets of the vested interests that mean to go on getting richer whatever the cost to the majority.