Doing It Tough? UK’s Super-Rich Double Wealth Over Past Decade – 26 April 2015

RT logoAs the EU tries to battle its way out of financial crisis, the British mega rich continue to gain capital, according to the Sunday Times’ Rich List. It revealed that during the past 10 years the top one percent’s fortunes more than doubled in the UK.

READ MORE: Party of the rich? Almost 50% of Tory donors are hedge fund managers – research

The combined assets owned by the 1,000 wealthiest individuals in the UK have hit a new high of £547 billion ($831 billion), up from £250 billion posted in 2005.

All these gains came flooding in despite surging unemployment rates all over Europe, creeping deflation fears and overall economic slowdown.

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