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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New police hub to be set up in Piccadilly Gardens to help reduce anti-social behaviour
Emily Sergeant
A new police hub is set to be established in Piccadilly Gardens.
In case you missed it, it was announced last week that council tax in Greater Manchester could be increased to help fund improvements to policing, and that a consultation on it has been launched – with local residents urged to have their say.
The police precept helps Greater Manchester Police (GMP) to build on a range of improvements, including the speed of answering 999 and 101 calls, road and transport safety across Manchester city centre, and bringing more sex offenders to justice, among many other things.
Greater Manchester council tax is set to be increased again to help fund improvements to policing, and a consultation is now live. 🏘️🚔📝
But on top of this, Mayor Andy Burnham has also pledged to deliver a new police hub in Piccadilly Gardens as part of a wider drive to improve policing.
GMCA says its ‘top priority’ is to build strong communities where people feel safe, and it is Mayor Andy Burnham and his Deputy Mayors’ responsibility to enable GMP to be an ‘effective and efficient’ police force.
Local leaders say their ambition for 2026 is to maintain a ‘high-performing’ police service by tackling crime and anti-social behaviour, and protecting residents and businesses along the way – and part of this ambition is to increase police visibility in Piccadilly Gardens, which is a much-maligned part of the city centre, by launching a new ‘prominent’ police hub.
The increase in the police precept is also being touted to help increase ‘hot spot policing tactics’ in town centres and other key locations to help drive down theft and other violent retail crimes.
A new police hub is to be set up in Piccadilly Gardens to help reduce anti-social behaviour / Credit: Gerald England (via Geograph) | Rawpixel
“We need GMP to be properly funded if it is to continue to deliver an effective and responsive service for people in Greater Manchester,” commented Mayor Andy Burnham. “The cost of running a modern police force is going up and this is at a time when our city region has become the fastest-growing economy in the UK, with visitor numbers increasing year after year.
“So much is happening here and that includes a number of major and complex incidents over the past year, including a terrorist attack. These incidents added significant pressure to police resources.
“We recognise the ongoing impact of the rising cost of living and do not take the decision to increase the precept lightly. But right now, this increase is our only option to ensure GMP can continue delivering an effective police service that ensures that people feel safe in their own communities.”
The Greater Manchester public can respond to the police precept consultation online at www.gmconsult.org until next Wednesday 21 January.
Featured Image – GMP
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Manchester United youth captain Rhys Bennett delivers moving mental health message
Danny Jones
Manchester United academy player and youth team captain Rhys Bennett is being applauded for giving an inspirational interview following the death of his father, sharing a moving and important message about mental health awareness.
Just a disclaimer, while the sit-down with Sky Sports News is deeply touching, it does touch on some triggering subjects, such as suicide.
If you missed the tragic news last year, Rhys’ dad, David, sadly took his own life back in October after battling with depression, with his 22-year-old son speaking to the media back this past December and urging people to “just reach out“.
Since then, further clips from the candid and tearjerking chat haves surfaced online once again, and some are seeing them for the first time, with Bennett once again being met with praise for tackling the subject with bravery and sensitivity.
The Denton-born defender didn’t hesitate in insisting that he wouldn’t be where he is without his parents and David, in particular, but said that opening up and talking to people, as well as getting back into regular routines like eating and sleeping right helped him recover through the grieving process.
He went on to add that he believes “people don’t realise just how appreciated they are” and that the simple act of asking if someone is ok or how they are doing can make a huge difference.
Dubbing it a “permanent solution to a temporary problem”, he also urged those to remember to check in people they love regularly, i.e. not just wait for when they think something might be wrong.
Like anything, being pro-active and preventitive measures are just important in the ongoing mental health crisis that effects millions across the UK alone, with men, specifically, dying from suicide are a higher rate than females.
Bennett, of course, is not the only sports personality to have raised issues around wellbeing of late; not even locally, either, as Stopfordian Nathan Aspinall also called on the Professional Darts Players Association to offer better mental health service – citing “at least two of three people” who need help.
The Denton-born defender has been labelled as “wise beyond his years” and it being apparent why he has been chosen to lead the likes of under 18s and U21s.
Bennett finished up last season at Fleetwood Town after spending his previous loan spell at local side Stockport County, but has since returned to the academy setup back at Carrington.
You can see his full interview with Sky Sports HERE, and to echo the same sentiment we can’t stress enough how much a problem shared is a problem halved.
If you’re struggling with your mental health, you can call the NHS via 111, speak to your GP, use helplines such as the Samaritans on 116 123, as well as find other services via Manchester City Council.
You can contact other charities like Manchester Mind and Andy’s Man Club, or get in touch with Greater Manchester Talking Therapies online. As always, in case of emergencies, please dial 999 immediately.
There is so much help for you out there. For instance, if you need some want an outlet to free up some headspace whilst meeting new like-minded people and getting some fresh air, there’s plenty of groups all over Greater Manchester.
You'd be surprised how much good a walk and having a chat with a friend can do. 🥾❤️