The Sunday Times Rich List has been revealed for 2022 – and it shows that the wealthiest people in the UK have grown their fortunes to a record £170 billion this year.
The annual list details the wealthiest 250 people in the UK and, alongside the current Chancellor of the Exchequer, this year’s super-rich list features ten people from the North West – including a couple of lads from Salford.
According to The Times, Rishi Sunak is the first-ever frontline political figure to feature in its list since it began in 1989. He and his wife, Akshata Murty, join the 2022 list with a combined £730m fortune just days after the Chancellor told people the ‘next few months will be tough’.
This year’s list also includes a record number of 177 UK billionaires, six more than in 2021,
The full list, now in its 34th year, shows that whilst millions in the country are enduring extreme hardships as UK inflation hits its highest rate in 40 years, those at the other end of the scale are still enjoying all the spoils of the free market.
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As The Timesitself states: “This year’s analysis shows a golden era for the super rich has continued unchecked.
“This year’s top 250 now have more wealth than the entire 1,000 entries of the 2017 Rich List.”
On the 2022 North West list, Michael Platt, a 53-year-old Preston-born hedge fund manager and Tory donor who resides in Switzerland, has seen his fortune rise by £2bn in a year to make him the wealthiest in the region.
In 2020, Platt’s hedge fund BlueCrest Capital Management was fined $170million for misleading its investors and was accused of using a separate fund, run by its top traders, that invested employee’s money.
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Platt has knocked the Cheshire-based 7th Duke of Westminster, Hugh Grosvenor, off the top spot – placing Prince George’s billionaire godfather at second place in the North West with a fortune of £9.726bn.
In third place is Jim Ratcliffe, the Oldham-born CEO of the Ineos chemical group. Worth £6.075bn, he has recently made headlines for making a failed bid to buy Chelsea football club – leading to speculation that he may now turn his attention to Manchester United instead.
63-year-old Liverpudlian Tom Morris, the founder of the ever-popular Home Bargains, is fourth on the regional list – £766 million richer than last year.
Rochdale brothers Mohsin and Zuber, the Lancashire-born founders of Euro Garages and new majority shareholders in Asda, have increased their wealth by £50m. The duo is now worth £4.73bn.
Sixth on the list are B&M founders Simon, Bobby and Robin Arora with a combined wealth of £2.543bn, followed by former Trafford Centre owner John Whittaker (of the Peel Group) at £1.6bn.
Henry Moser of Cheadle-based finance group Together sits in ninth place with a fortune of £1.565bn, and last on the list are Fred and Peter Done, owners of the bookmaking chain Betfred.
The Rich List bases its findings on what is called ‘identifiable wealth’, meaning that which can be publicly seen. This includes values of land, property, art, horses, and shares in public companies.
The paper is unable to access bank accounts or other private finance records. The full list can be viewed on The Times website here.
Feature image – Flickr / Wikimedia Commons / Wikipedia
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Kyle Walker announces retirement from international football with England at 35
Danny Jones
Former Manchester City star and England defender has announced his retirement from international football at 35 years old.
He calls it a day for his country with nearly a century of appearances.
Kyle Walker, who has won six Premier Leagues, four Carabao trophies, a pair of FA Cups and a Champions League title with Man City, made his national team debut back in 2011.
Now, nearly a full decade and a half later, he is hanging up his boots on the biggest stage, retiring as England’s most capped right back in history.
As you can see, he confirmed the news in a highlight video looking back on her best moments with the Three Lions.
Sharing a lengthy and emotional statement in the caption, the Yorkshireman wrote: “After more than a decade representing my country, I have decided to retire from international football. Playing for England has always been the biggest honour of my career and something I will always be proud of.
“Thank you to every teammate, coach, manager, the 12th man, and everyone behind the scenes who has been part of the journey. Every roar from the fans pushed the team along, and I’m looking forward to joining them to support the lads in the World Cup.”
His last appearance in an England shirt came in June against Senegal, since dropping out of manager Thomas Tuchel’s first-choice team and future plans, with both form and age no doubt being factored into that decision.
Walker added: “The memories in an England shirt will stay with me forever.”
96 caps 🧢 Five major tournaments 🏴 A #ThreeLions legend ⭐
He went on to sign off by saying, “I also want to thank my family for their support every step of the way. They have made this journey even more special, and I will always be grateful to have shared it with them.”
The Sheffield-born fullback left Manchester last year following a loan spell at AC Milan, before joining fellow Premier League side Burnley FC permanently this past July.
Meanwhile, the Clarets are staring down relegation back to the Championship; however, this step will no doubt help Walker prolong his club career, whether or not he stays in Lancashire.
Where does Walker rank among the all-time England defenders in your mind?
Featured Images — Oleg Bkhambri (via Wikimedia Commons)/England (screenshot via YouTube)
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New proposals to transform one of Manchester’s busiest roads revealed
Emily Sergeant
New proposals which could transform one of Manchester’s busiest roads have been unveiled.
Oldham Road is one the key routes into the city centre, and sees upwards of 26,000 journeys a day via a combination of car, bike, and public transport, according to Transport for Greater Manchester (TfGM), but these new plans are set to improve journey times, safer crossings, protected cycleways, better connections, and boost sustainability.
“We know that things can be better,” TfGM said in a statement unveiling the proposals this week, adding that change is needed.
In the last five years alone, there have been 36 collisions on Oldham Road between Great Ancoats Street and Queens Road, with seven serious injuries caused as a result, which is why Council believes, with a number of targeted improvements, the road can be made better for everyone.
New proposals to transform one of Manchester’s busiest roads have been revealed / Credit: TfGM
When asked during the last consultation, hundreds of locals said what they wanted buses to come more often and be more reliable, safer places to cross the road, wider pavements for walking, and better-protected cycle lanes.
As part of the unveiled plans – which are currently out for consultation too – TfGM and the Council is proposing adding more bus lanes so buses don’t get stuck in traffic, as well making bus stops nicer with better places to wait, and building more cycle lanes that are separate from cars.
Proposals also include changing traffic lights to help people cross the road, and fixing busy junctions so they’re easier and safer to cross.
Proposals are aiming to make the road safer, better-connected, and more sustainable / Credit: TfGM
“Improving everyday journeys is a priority, and the proposals for Oldham Road are central to this,” commented Alison Chew, who is TfGM’s Interim Director of Bus.
“Through the Bee Network, we’re creating a joined-up, safer and more affordable transport system for Greater Manchester, reducing congestion for everyone and connecting people with places and opportunities.
“These plans aim to make bus stops safer and easier to use, improve the speed and reliability of bus services, and provide better walking and cycling routes with upgraded crossings and footpaths.
“As Manchester city centre continues to grow, improving the way people can move easily around the city is a major driver for change. We know that things can be better.”
You can have your say on the proposals on the Council website here.
Georgina Pellant -
20th May 2022 
