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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‘Busiest’ Easter bank holiday weekend expected as 19 million people hit the roads
Emily Sergeant
It’s expected to be one of the busiest Easter bank holidays in three years, as millions of people travel across the UK.
With the four-day weekend upon us, and people nationwide prepare to make the journey to visit family or friends over their extra couple of days off work or school, the RAC has now issued one of its annual travel warnings – anticipating that 19 million people could be hitting the roads from this Thursday evening onwards.
It’s all according to a new study of drivers’ spring getaway plans carried out by the RAC and traffic analytics specialists INRIX.
Research is suggesting that traffic will be equally severe on Thursday 17, Good Friday, and Saturday 19 April, with drivers planning around 2.7 million trips every day during that period, but the number of planned trips does drop slightly on Easter Sunday to 2.5 million.
Sadly, that dip is only short-lived, as the number of trips increases once again to a further 2.7 million on bank holiday Monday as millions of people look to return home.
19 million people are expected to hit the roads over the Easter bank holiday weekend / Credit: Geograph | Pxfuel
To make matters even worse, it’s thought that a further 6.2 million journeys are anticipated at some point over the Easter bank holiday weekend, but drivers planning these trips are still unsure exactly when they’ll travel.
The ‘notorious British weather’ is likely to be a big factor in travel decision making, according to the RAC.
INRIX expects that tomorrow (Thursday 17) will be the worst day for traffic, when jams are likely to increase by nearly a third (30%) more than usual.
Meanwhile, on Good Friday, the lengthiest hold-ups are expected between 11am to 1pm, so drivers are therefore being advised to start their trips as early as possible in the morning, or delay them until later in the afternoon.
Motorists are being warned to plan their journeys in advance / Credit: pxfuel
“The bank holiday weekend clashes with the end of the Easter break for many schools, which we think will change the nature of this year’s getaway,” admitted RAC breakdown spokesperson, Alice Simpson.
“Although journey numbers are still very high, we’re anticipating more day trips and weekend breaks than people heading off on one and two-week stints… [so] this could lead to a ‘hat-trick of hold-ups’ on Thursday, Friday and Saturday as drivers visit family and friends.
“But while getaway journeys may be shorter in length, we’re still expecting to see extremely high levels of traffic from Thursday onwards, with the greatest number of Easter getaway trips planned for three years.”
Alice warned that drivers should expect queues if they ‘don’t plan the best time to set off’.
“It’s always best to travel as early as possible in the morning or later in the day when most of the traffic has eased,” she added.
Featured Image – Geograph
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Onlookers ‘in tears’ after tiny duckling rescued from storm drain in beauty spot
Daisy Jackson
The RSPCA has shared a heartwarming video of a reunion between a tiny duckling and his mum, after the baby bird fell into a storm drain.
The charity, with the help of staff in the nearby Grandpa Greene’s Luxury Ice Cream Parlour, managed to fish the tiny bird out of the storm drain in a painstaking two-hour-long operation.
Miraculously, the duckling was unharmed, and his mum was waiting nearby on the canal in Saddleworth ready to be reunited with her baby.
The RSPCA has now thanked the staff member who helped rescue the duckling, and issued a warning to the public to keep dogs on a lead when near wildlife, believing the poor bird was chased by a dog before falling down the five-feet-high grid.
The rescue operation too place in Diggle last Wednesday 9 April, with Animal Rescue Officer Lee Ferrans taking on the ‘long and painstaking’ process of tempting the duckling into a net.
Lee said: “I wasn’t able to lift the grid so the only thing I could do was push an extendable pole straight down and try to catch the duckling in a net. There wasn’t a lot of room for manoeuvre and the net kept catching on all the debris.
“Just when I thought I’d been successful, the duckling kept disappearing into a drain on one side and then popping out again. A member of staff from Grandpa Greene’s had just finished her shift and came across to the other side of the canal to help me. I unscrewed the top of the pole with the net and held it down on one side of the drain while she used another section to gently encourage the bird to go into the net.
“It was quite a long and painstaking rescue but we eventually managed to bring the little one back up safely after more than two hours.”
The pair then placed the duckling into a cardboard box before heading further up the canal to reunite them with their mother and six sibling ducklings.
The adult duck ‘instantly recognised’ the chirping and swam straight towards it.
Lee added: “A little crowd had gathered and as the family were reunited people were shedding tears. It was a really lovely moment to see them all back together.
“I’d especially like to thank the member of staff from Grandpa Greene’s who offered an extra pair of hands – I couldn’t have done it without her – and to all the people in the area who stopped and were concerned.
“Storm drains can be a bit of a menace for ducklings, especially at this time of the year when there are babies around, and this brood was only a few days old.”
Georgina Pellant -
20th May 2022 
