Socialist Worker

Bosses cash in on crisis

Issue No. 2350

Gold bullion

The 50 richest people in the world are worth £1.046 trillion, up by 23 percent on last year. The figure was revealed in the Sunday Times Rich List last week.

Millions of ordinary people in Britain face brutal attacks from the Tories in the name of austerity. But the richest have never had it so good. 

There are now 88 billionaires in Britain—more than ever before. 

The top 1,000 richest people in Britain have a record collective wealth of £450 billion. This is up by £35 billion on last year. That rise alone is enough to build 80 new hospitals. 

The bankers in the city of London are raking in billions at the expense of the poorest. 

Alan Howard is the richest hedge fund manager. 

He made his cash from the misery of others when he bet on the collapse of the Greek economy. 

All around the world it’s the same. And the rich know who their friends are. 

Some 43 of Britain’s 50 biggest donors to political parties bankrolled the Tories.

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Tue 23 Apr 2013, 18:27 BST
Issue No. 2350
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