Richest Britons piling up wealth 3 times faster than poorest

London

THE richest Britons are accumulating wealth three times as fast as the poorest, according to new official data likely to heighten concerns Britain is becoming an increasingly unequal society.

For the richest 10th of British households, total wealth including pensions increased by 21 per cent between 2012 and 2014. For the bottom half of all households, total wealth rose by just 7 per cent during that period, the Office for National Statistics (ONS) said on Friday.