Tuesday, 17 May 2011

Is Britain less rich than we think?

Of the 73 Billionaires in the Sunday Times rich list, published last week, only 43 are Britons, writes Chris Blackhurst in the Evening Standard this week.

If you look at the shape of the FTSE 100, the same pattern is true: new listings are mainly from non-British businesses. Among the top 50 Billionaires there are now only 2 genuine British-based manufacturing fortunes: J.C.Bamford and Sir James Dyson.

Will the non-Brits stay with us? It's a big question for our economy.

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