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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Manchester’s historic Portico Library secures £6.4m funding grant towards its transformation
Emily Sergeant
Manchester’s Portico Library has secured a whopping £6.4 million grant from The National Lottery Heritage Fund.
In case you missed it, ambitious plans to transform the historic Grade II-listed building on Mosely Street were already unveiled last October… but now, The National Lottery Heritage Fund has announced it is committing £6.4 million of funding towards the project, hoping that the building thrives as the UK’s most sustainable historic library for generations to come.
The grant is being described as a ‘major milestone’ in the approximately £12 million Portico Reunited project.
The Portico Reunited project will look to ‘reunite’ the historic building’s three floors for the first time in over a century, creating a fully-accessible and sustainable cultural library.
Founded all the way back in 1806, The Portico Library played a central role in Manchester’s rise as the world’s first modern city, and since then has been serving as a window into the past and a providing a place of inspiration for anyone who needs it.
The Portico Library has secured a £6.4m funding grant towards its transformation / Credit: Purcell Architecture (Supplied)
Crucially, plans will see a step-free entrance and lift installed to make the library accessible to all.
There’ll also be new exhibition and event spaces introduced as part of the scheme to explore the stories of Manchester’s communities and the city’s heritage. There will a Northern Bookshop, showcasing regional and emerging writers, and independent publishers, as well as a creative Portico Kitchen, which will celebrate the city’s food culture, writing, and history.
A place for school groups, families, and all people to explore Portico’s collection and experiment creatively also forms part of the plans.
Dr Thom Keep, Librarian and CEO of The Portico Library, called the funding grant a ‘landmark moment’ in the Portico’s ‘rich and complex history’, and a ‘huge achievement’ for its staff, trustees, volunteers, and partners.
“Thanks to National Lottery players, we can reunite this extraordinary building and make room for people to discover, learn and create together,” he added.
“We have listened to thousands of people about what the Portico could become, and their ideas and experiences have helped shape these plans.
“Our ambition is a library that belongs to the whole city – a place to discover remarkable collections, question the stories we have inherited, and create new possibilities together.”
Manchester City Council has granted planning permission and listed building consent for the project, and the building is expected to close for construction in late spring 2028 and reopen once again in early March 2030.
Following reopening, the transformed library is expected to welcome around 95,000 visitors each year.
Featured Image – Purcell Architecture (Supplied)
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New data estimates that 7.3m Oasis fans are set to miss out on 2027 tour tickets
Emily Sergeant
New data has revealed that as many as 7.3 million Oasis fans could be set to miss out on tickets to the band’s 2027 tour.
In case you need bringing up to speed a little, it was announced earlier this week that, following the unprecedented success of the reunion tour, Oasis Live ’25, last year, including five nostalgia-drenched gigs at Manchester’s Heaton Park, Oasis would be hitting the road once again in 2027, and this time around, they’re going BIG.
We’re talking 11 nights at the Etihad Stadium and a return to the iconic grounds of Knebworth for four special shows there too, kind of ‘big’.
The iconic Manchester band will also be taking to a range of other world-famous stages across the globe, including five nights at Glasgow’s Celtic Park, and major cities like Barcelona, Amsterdam, Paris, Rome, and Las Vegas.
But despite the elevated number of dates the Gallaghers and co will be performing, some new data has unfortunately revealed that millions of fans may still not be lucky enough to snag a ticket.
The ticketing system for Oasis Live ’27 is not what it was for the last tour, nor will it be similar to many other tours of a similar scale in the past either, as this time, the band and their promotors are taking necessary measures to ensure ‘genuine fans’ get their hands on the tickets and that dynamic pricing doesn’t creep in.
Instead of going into detail on that now though, you can read our full guide on how to get tickets for the Manchester and Knebworth shows here.
Experts at online ticketing platform TicketSource have analysed the scale of demand for Oasis tickets by comparing the 10 million fans worldwide who queued for the initial release of 1.4 million tickets for their 2025 tour, with the newly announced 2027 tour dates and stadium capacities.
With an estimated 2.67 million tickets available across 38 dates and 11 locations between 21 May and 19 September 2027, Oasis could still face huge demand from fans hoping to see them live.
But research reveals the band would need to play 112 Wembley-sized shows to accommodate everyone who tried to get a ticket in 2025.
The 2027 tour would accommodate just 26.7% of those who tried to get tickets last time, meaning almost three-quarters (73%) of them could miss out, leaving a shortfall of more than 7.3 million fans.
Fingers crossed you’re among the lucky lot that secure tickets, though.
Featured Image – Joshua Halling (Press Image – Supplied)
Georgina Pellant -
20th May 2022 
