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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No trams to run on three major Greater Manchester lines this Easter bank holiday weekend
Emily Sergeant
People are being urged to ‘plan ahead’ as no trams are set to run on three major Greater Manchester Metrolink lines this weekend.
As part of a continuing £150 million investment in the Metrolink network across the region, Transport for Greater Manchester (TfGM) has announced that more than 1km of track will be replaced on the Altrincham line, and work will also take place between Trafford Bar and Deansgate-Castlefield to prepare for full track replacement later in the year.
As a result, there will be no trams on the Altrincham, Eccles, and Trafford Park lines this Easter bank holiday weekend all day from Friday 3 to Monday 6 April.
On top of these line closures, there is also set to be disruption across other parts of the network too, as on the East Didsbury and Manchester Airport lines, trams will run to Firswood only, and services on the Rochdale line will terminate at Exchange Square.
To keep people moving over the four-day weekend, replacement buses will run between all the affected stops, TfGM has confirmed.
Anyone using a replacement bus, however, will still need a valid Metrolink ticket or a one-day Bee bus ticket to travel, and customers will be able to use all existing options to buy these, as they will not be able to buy a ticket or pay for the fare on the replacement buses themselves.
No trams will be running on three major Greater Manchester lines this Easter bank holiday weekend / Credit: TfGM
Replacement buses are said to be calling at ‘all affected stops’ along the lines, so customers are being told not to worry about that.
Speaking ahead of the improvement works being carried out this weekend, Ian Davies, who is the Network Director for Metrolink at TfGM, said: “The first main upgrades of the year get under way over the Easter weekend, as our £150m programme to improve our network continues.
“We’ll be doing everything we can to minimise disruption to passengers while we carry out this essential work to ensure our tram network remains reliable, resilient and safe for years to come.”
TfGM has assured that staff will be out and on-hand across the network this weekend, but is urging anyone travelling to plan for their journeys ahead of time to make sure they go as smoothly as possible.
Looking ahead to the rest of the month, no trams will run between Piccadilly Gardens and Ashton-under-Lyne on Saturday 11 and Sunday 12 April while the track is repaired, and a further weekend closure for track repairs on the Ashton line will take place on Saturday 25 April and Sunday 26 April.
Find out more and plan ahead on the Bee Network’s dedicated webpage here.
Featured Image – Janus Boye
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Three men arrested after ‘shocking’ Salford pub fight leaves victim in life-threatening condition
Emily Sergeant
Three men have been arrested as police continue to appeal following a ‘shocking’ incident in Salford over the weekend.
Greater Manchester Police (GMP) explained that, at around 2:51am yesterday (Sunday 29 March), officers were called to reports of an assault at a pub on Liverpool Road in Irlam, where it’s understood that an incident involving several males took place.
Police quickly attended the scene, and one male was rushed to hospital.
The man sustained serious injuries and was taken to hospital for treatment, where he’s said to remain in a life-threatening condition.
While officers are working ‘at speed’ on their investigation to establish the full circumstances of this incident, a scene is currently in place, and road closures are affecting the immediate area.
At this time, it has been confirmed that three men – all in their 20s – have been arrested on suspicion of Section 18 assault, and they remain in custody for further questioning while GMP renews its public appeal for information.
“This is a shocking incident and our thoughts are firmly with the victim and his family during this extremely difficult time,” commented Detective Chief Inspector Helen Bagnall, from GMP’s Salford district. “We are working at pace and remain absolutely committed to identifying everyone involved and bringing those responsible to justice.
“Three arrests have been made in connection with this incident, and we are continuing to appeal for further information.
“Officers remain committed to understand the full circumstances and are urging anyone with information to come forward to support our investigation.”
Can you help? A dedicated online Major Incident Public Portal has been set up, and information, CCTV, dashcam, doorbell, and phone images and footage can be submitted here, or you can also contact police on 101, quoting log 256 of 29/03/26.
Alternatively, you can contact Crimestoppers, anonymously, on 0800 555 111.
Georgina Pellant -
20th May 2022 
