Rich List reveals wealthy reap profits under Labour

The richest 1,000 people in Britain have seen their wealth quadruple under Labour, according to The Sunday Times Rich List published today. Even under Gordon Brown’s brief premiership their fortunes have soared by 15%, just as the financial squeeze and faltering house prices have hit ordinary people.The collective wealth of the 1,000 richest has jumped to £412 billion, up from £99 billion in 1997. Total net wealth during the same period has slightly more than doubled.

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