Build back fairer: tax the rich!
Robert Watts, who compiles the Sunday Times Rich List of the thousand richest individuals and families in the UK, feels obliged to comment on the 2021 List: “The fact many of the super-rich grew so much wealthier at a time when thousands of us have buried loved ones and millions of us are worried for our livelihoods makes this a very unsettling boom.” There are now 171 billionaires in the UK, up from the previous high of 151 in 2019. Their wealth has risen 21.7% during the pandemic, to £597.2bn. Between 2008 and 2009, the total wealth held by the Rich List fell as a result of the financial...