Meeting of the Parliament 18 February 2025
The legacy of 14 years of a Conservative Government at Westminster that believed that it was possible to cut its way to economic success is an increase in child poverty during that time, with more families struggling to house and feed their kids and keep them warm. At the same time, according to the Equality Trust, the wealthy in the UK increased their wealth, with the very richest pulling even further ahead. The Equality Trust says:
“The richest 100 families in Britain have seen their combined wealth increase by at least £55.5bn since 2010. An average increase in wealth of ... £2 million each per week.”
It also notes:
“Since the financial crash in 2008, the richest 100 families in Britain have seen their combined wealth increase by at least £12.57bn. An average increase in wealth of ... £364,052 per week.”