The Sunday Times Rich List has today been released, revealing that Sir Jim Ratcliffe remains the richest man in the North West, and third-richest in the country.
The annual list names the richest of the rich across the UK, and the combined wealth of the 350 individuals and families listed in 2024 amounts to more than the GDP of Poland at £795.361 billion.
As well as Sir Jim Ratcliffe, who remains on the Sunday Times Rich List despite losing more than £6bn this year, other famous names include David and Victoria Beckham, Sir Elton John, and Lord Lloyd-Webber.
Representing the wealthiest in the North West are Michael Platt, The Duke of Westminster and the Grosvenor family, and Home Bargains boss Tom Morris.
The billionaire Issa brothers who own Asda and founded EG Group complete the top five richest people regionally.
Local man Sir Jim Ratcliffe, who made his billions through chemical giant Ineos, has almost double the wealth of runner-up Michael Platt.
Harry Styles has made it onto the Sunday Times Rich List.
He recently ran the London Marathon at the age of 71 and secured a 25% stake of his childhood football club Manchester United.
The Duke of Westminster, who inherited his title and a huge land and property portfolio at the age of just 25, remains the richest person under 40 in the UK.
Now 33 years old and recently moved to Cheshire, his fortune now stands at £10.127 billion.
He’ll soon lose his title as the ‘UK’s most eligible bachelor’ though, with the Duke set to marry Olivia Henson at Chester Cathedral next month.
Robert Watts, compiler of the Sunday Times Rich List, said: “This year’s Sunday Times Rich List suggests Britain’s billionaire boom has come to an end. Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super rich who came here are moving away.
“Thousands of British livelihoods rely on the super-rich to some extent. We’ll have to wait and see whether we have now reached peak billionaire, and what that means for our economy.
“These may be harder times to create wealth, but The Sunday Times Rich List continues to unearth entrepreneurs building fortunes in diverse and often surprising ways. This year’s new entries include people who have made money from artificial intelligence and virtual worlds as well as plumbing supplies and teaching aides.
“We know many of our readers find such people — especially those from humbler backgrounds — very inspiring.”
The minimum entry to get onto the mega-rich list this year is a whopping £350m.
Hundreds of new homes in Mayfield Park given green light
Daisy Jackson
The chance to live in Manchester city centre’s newest park (and one of its only green spaces) has taken a step closer, with plans for new Mayfield Park homes given the green light.
879 apartments have been approved this week, which will have ‘the ultimate front garden’.
The Mayfield district has been undergoing major changes in the last few years, including the redevelopment of Depot Mayfield (into Freight Island, plus a music venue for events like Warehouse Project) and the opening of the beautiful Mayfield Park.
And now hundreds of new one-, two-, and three-bedroom homes will be added to the area, as well as a 40% increase in the size of the park.
The plans for the first homes at Mayfield Park were met with unanimous approval by the City Council’s Planning Committee.
The residences will span across four buildings, with low-rise elements peppered in amongst the taller blocks, and will also be home to restaurants, cafes, and health and wellness facilities.
A new tree-lined road through the development will enhance walking and cycling connectivity from east Manchester into the city centre.
More than 880 jobs will be generated during the construction phase, plus 120 full-time jobs when operational.
Hundreds of new homes in Mayfield Park given green light. Credit: Assembly Studios
The proposals suggest that the apartments will contribute £2 million annually in Council Tax and a major £10 million boost to local businesses through increased spending.
The high-quality homes are designed by Studio Egret West and shedkm, designed to reflect the industrial heritage of the area, including distinctive arches.
20% of the first phase of homes are intended to be classed as affordable housing and will be prioritised for key workers in Manchester.
Henrietta Nowne, Development Director at Landsec, representing The Mayfield Partnership, said: “For the first time, Mancunians will have the ultimate back garden within the award-winning Mayfield Park.
“An opportunity like this hasn’t existed before in Manchester. Since starting on site earlier this month, there’s real momentum building as we continue to grow a green, healthy and connected district in the heart of Manchester.”
The approval marks the next chapter of the continued transformation of the Mayfield district near Piccadilly Station, led by Manchester City Council, TfGM, London Continental Railways (LCR), and Landsec.
Revenue from Manchester’s ‘big gigs’ to go towards supporting local grassroots music venues
Emily Sergeant
Manchester City Council is set to earmark almost £250,000 to support grassroots music venues in the city.
Following on from the success of the city’s huge summer of music, which in recent weeks has seen hundreds of thousands of fans converge in the city to see massive names like Olivia Rodrigo, Billie Eilish, Charlie XCX, Elbow, and Robbie Williams, as well as other talents like Fontaines D.C. and Sam Fender still yet to come.
Oh yeah, and there was also that small matter of Oasis reuniting for five nostalgia-drenched gigs in Manchester’s Heaton Park earlier last month.
Over the course of the summer, it has been estimated that Manchester will have attracted a whopping 1.3 million music tourists, which is being described as a ‘tremendous’ boost for the city’s economy as a whole, especially the hospitality industry.
Revenue made from Manchester’s ‘big gigs’ this summer is to go towards supporting local grassroots music venues / Credit: Eldhose Kuriyan | Joshua Hanson (via Unsplash)
These huge events are also generating income for the Council too, either by being hosted in the city’s largest parks with commercial arrangements for their use, or through the business rates paid by major venues – and it’s this income that has been earmarked to go towards supporting grassroots music venues throughout the city.
As well as reinvesting part of this revenue into parks and greenspaces, the Council is planning to set aside £245,000 to be made available in financial support for Manchester’s grassroots venues.
While exact details are in the process of being finalised, the intention is that the scheme will be administered by the Music Venue Trust to ensure that the money gets to where it is needed as ‘quickly and effectively’ as possible.
It’s estimated that Manchester will have welcomed 1.3 million music tourists before summer’s out / Credit: Nathan Mullet (via Unsplash)
“Manchester is a big noise in the music world,” commented Councillor Bev Craig, who is the Leader of Manchester City Council, “and this summer, all eyes have been on the city as we’ve hosted some huge concerts and seen unprecedented success in our large venues.
“But while the biggest gigs might dominate the headlines, we know they are only possible because they are part of a wider ecosystem, with grassroots venues providing the launchpads for acts to develop and grow.
It's been a BIG summer of music in Manchester.
We've got pioneering plans to use money raised by some of the biggest gigs to support our grassroots venues – a vital ingredient of the city's amazing music scene: https://t.co/8ekQN7AmGBpic.twitter.com/MpVWpeHqbk
— Manchester City Council (@ManCityCouncil) July 31, 2025
“We know that across the country, grassroots venues are struggling. That’s why we want to ensure that our grassroots venues can share some of the benefit from the success of those big events.
“We’re blessed in Manchester with an array of great smaller venues.
Daisy Jackson -
17th May 2024 
