'UK's richest 1,000 worth £547.126bn'
The Sunday Times' latest rich list shows there are now more than twice as many billionaires in Britain than when the Coalition government came to power in 2010.
The report says the collective wealth of Britain’s richest 1,000 people now stands at a staggering £547.126 billion.
That figure has more than doubled since a total of just under £250bn was recorded in 2005, despite the world economy suffering a decade-long recession.
Meanwhile, according to leading UK charity Unicef figures on poverty, one in four children now live below the poverty line.
The charity says the greatest travesty of the past five years has been the widening gap between the poor and the affluent in the UK.
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