The Sunday Times Rich List has been revealed for 2022 – and it shows that the wealthiest people in the UK have grown their fortunes to a record £170 billion this year.
The annual list details the wealthiest 250 people in the UK and, alongside the current Chancellor of the Exchequer, this year’s super-rich list features ten people from the North West – including a couple of lads from Salford.
According to The Times, Rishi Sunak is the first-ever frontline political figure to feature in its list since it began in 1989. He and his wife, Akshata Murty, join the 2022 list with a combined £730m fortune just days after the Chancellor told people the ‘next few months will be tough’.
This year’s list also includes a record number of 177 UK billionaires, six more than in 2021,
The full list, now in its 34th year, shows that whilst millions in the country are enduring extreme hardships as UK inflation hits its highest rate in 40 years, those at the other end of the scale are still enjoying all the spoils of the free market.
As The Timesitself states: “This year’s analysis shows a golden era for the super rich has continued unchecked.
“This year’s top 250 now have more wealth than the entire 1,000 entries of the 2017 Rich List.”
On the 2022 North West list, Michael Platt, a 53-year-old Preston-born hedge fund manager and Tory donor who resides in Switzerland, has seen his fortune rise by £2bn in a year to make him the wealthiest in the region.
In 2020, Platt’s hedge fund BlueCrest Capital Management was fined $170million for misleading its investors and was accused of using a separate fund, run by its top traders, that invested employee’s money.
Platt has knocked the Cheshire-based 7th Duke of Westminster, Hugh Grosvenor, off the top spot – placing Prince George’s billionaire godfather at second place in the North West with a fortune of £9.726bn.
In third place is Jim Ratcliffe, the Oldham-born CEO of the Ineos chemical group. Worth £6.075bn, he has recently made headlines for making a failed bid to buy Chelsea football club – leading to speculation that he may now turn his attention to Manchester United instead.
63-year-old Liverpudlian Tom Morris, the founder of the ever-popular Home Bargains, is fourth on the regional list – £766 million richer than last year.
Rochdale brothers Mohsin and Zuber, the Lancashire-born founders of Euro Garages and new majority shareholders in Asda, have increased their wealth by £50m. The duo is now worth £4.73bn.
Sixth on the list are B&M founders Simon, Bobby and Robin Arora with a combined wealth of £2.543bn, followed by former Trafford Centre owner John Whittaker (of the Peel Group) at £1.6bn.
Henry Moser of Cheadle-based finance group Together sits in ninth place with a fortune of £1.565bn, and last on the list are Fred and Peter Done, owners of the bookmaking chain Betfred.
The Rich List bases its findings on what is called ‘identifiable wealth’, meaning that which can be publicly seen. This includes values of land, property, art, horses, and shares in public companies.
The paper is unable to access bank accounts or other private finance records. The full list can be viewed on The Times website here.
Feature image – Flickr / Wikimedia Commons / Wikipedia
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Rochdale has been named Greater Manchester’s ‘Town of Culture’ for 2025
Emily Sergeant
Rochdale has officially been named Greater Manchester’s Town of Culture for 2025.
Taking over the reins from Bolton – which held the title in 2024 – and following in the footsteps of Stockport before that, which held the title in 2023, and even hosted a massive ‘Town of Culture Weekender’ festival with 50+ free events to celebrate and bring its title year to a close, it’s now the turn of the north-eastern Greater Manchester borough of Rochdale.
Rochdale’s year will build on the town’s already-rich cultural history and international reputation as the home of the co-operative movement.
More than 35 arts organisations will be bringing together an ambitious programme of festivals, exhibitions, events, and performances throughout the year.
Unfamiliar with what the ‘Greater Manchester Town of Culture’ title is all about? It’s an accolade that’s handed out every year to different boroughs across the region.
Bury was the inaugural title-holder 2020 and held onto it in 2021 too due to the COVID pandemic, before being followed by Stalybridge in 2022, Stockport in 2023, and of course, Bolton in the year just gone.
The title celebrates Greater Manchester’s culture and heritage.
As well as getting a new title to shout about, it also sees the towns given a grant from the Greater Manchester Combined Authority (GMCA) culture fund to help develop a programme of cultural events and activities throughout the year.
Rochdale has been named Greater Manchester’s ‘Town of Culture’ for 2025 / Credit: The Manc Group | Rochdale Council
In Rochdale’s case, you can expect the ‘very best local talent’, as this year is promising to put ‘people power’ centre stage, with residents helping to plan, develop, and deliver a lineup of creative activities, alongside a number of major events.
This includes the popular free days out for families, an exciting new urban arts festival, two different food and drink festivals, a lantern parade, the Ignite Fire Festival, a Pride parade, and so much more.
You can also expect live music performances, a new people’s gallery, and even some major international collaborations that are yet to be announced.
Rochdale is taking over the reins from Bolton, which held the title in 2024 / Credit: Rochdale Council
“Rochdale is a place with a rich cultural history, so it is great to name it Greater Manchester’s town of culture as it’s town hall and town centre enter a new era,” commented Greater Manchester Mayor Andy Burnham as the borough was crowned this week.
“Rochdale submitted a fantastic bid for this which, was incredibly exciting and ambitious, while being firmly rooted in its local talent and deep history.
“We are definitely going to see the very best of what Rochdale has to offer over the next 12 months and people will come from far and wide to see it.”
Featured Image – Rochdale Council
News
The Lowry Theatre undergoes revamp following Biffa Award grant
Danny Jones
The Lowry in Salford Quays has had a bit of TLC with one of its biggest theatre spaces undergoing a pretty significant refurb this past month.
Following a well-deserved grant distributed via the Biffa Award, a multi-million-pound fund that helps to build communities and transform lives through community and environmental projects across the UK, the legendary local theatre received nearly £75k last year.
As a result, all 440 seats and various other aspects of The Lowry‘s Quays Theatre have now been renovated and refurbished.
The short story is, she looks more gorgeous than ever – see for yourself:
Being initially handed over in March 2024, The Lowry was awarded a total of £74,816 to reupholster seating in the venue’s Quays Theatre with new padding and fabric.
After almost 25 years of constant use as one of the most popular theatres in the North, the seats in the Quays Theatre were much in need of a refurb, and with work completed in December, Lowry visitors can now enjoy watching the venue’s wide range of theatre, dance, comedy and drama in comfort.
The work was actually carried out between July and December, with seats being carefully removed in batches and reupholstered off-site.
This was made possible due to the Biffa Award’s most recent ‘Cultural Facilities’ theme, which aims to improve recreation, interest and education, drawing funds from the UK government’s wider Landfill Communities Fund.
The old fabric and padding were disposed of sustainably, with lots of it being repurposed where possible to minimise waste and all the new materials used meet current guidance for safety and quality.
The Lowry’s Deputy Chief Executive and Director of Development, Gwen Oakden, said of the long overdue update:“It is so important that our audiences are able to enjoy our world-class performing arts programme in a comfortable and welcoming space.
“For many visitors to the Quays Theatre, this is their first experience of live performance – often to see a family show or as part of a school trip. We really want it to be the best experience possible, and for them to begin a lifelong relationship with Lowry.
“As a registered charity, without the generous support of this Biffa Award, for which we’re hugely grateful, we couldn’t have carried out this important work for our audiences.
As we head into our 25th Anniversary year, we are delighted to be able to welcome audiences and visitors can enjoy the beautiful and revived Quays Theatre.”
As for the Biffa side of things, Grants Manager Rachel Maidment added: “We are delighted to have supported The Lowry in refurbishing the Quays Theatre seating, ensuring audiences can continue to enjoy performances in comfort.
“Through Biffa’s Cultural Facilities theme, we fund projects that provide engaging and inspiring spaces for communities. The Lowry is a key cultural venue, and we’re proud that our funding, made possible through the government Fund, has helped enhance the experience for visitors for years to come.”
Like most Mancs, we love The Lowry, so here’s to hosting countless more theatregoers in the most comfortable seats possible for generations to come.
We’ve been to some brilliant performances around here of late.
Georgina Pellant -
20th May 2022 
