Britain's wealthiest get richer by £64 billion in a year

LEGEND Sir Paul Mc Cartney performs in Perth Australia

Ed's success has placed him second on the musicians under 30 rich list, coming behind Adele, who has stayed at the top with $198 million (£140 million) - an increase of $20 million (£15 million) on the year before.

The richest young athletes in Britain have been revealed by The Sunday Times Rich List. Their fortune jumped by £4.44 billion from 2017.

Their combined net worth was £480.5 billion and accounted for 66.4 per cent of the wealth of those on the list, compared to £418.8 billion in 2017, which spoke for 63.6 per cent of the money.

Robert Watts, who compiled the 1,000-member strong list, said the list had become more global since its inception in 1989, with more high net worth individuals from various countries moving to London and the United Kingdom.

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Celebrity chef Jamie Oliver left the list completely following a rocky year for his eponymous restaurant empire - it is still undergoing restructuring after racking up debts of more than £70 million.

Four-time Major victor McIlroy is reported to have a wealth of £110 million (€124.7m) - a figure which puts him £27m (€30.6m) clear of Andy Murray in second place. The couple are now 11th on the list.

The aristocrat land-owner Hugh Grosvenor, the 7th Duke of Westminster, remains the UK's youngest billionaire.

Robert Watts, the compiler of the "Rich List" said, "If you're good enough, you're old enough". Part of the new edition is the Sunday Times Young ...

Pochettino ready to see FIVE Spurs stars sold
That's the first thing, being close and challenge the big clubs who invest more than us. After Saturday [FA Cup final], we go on vacation and then we will see next season.

'Aristocrats and inherited wealth has been elbowed out of the list and replaced by an army of self-made entrepreneurs.

The Sunday Times, which every year releases its Rich List, ranked the 1,000 wealthiest individuals and families in the United Kingdom, pulling out the top hedge fund managers.

But who is the richest hedge funder in the UK?

"We're seeing more people from humble backgrounds, who struggled at school or who didn't even start their businesses until well into middle age".

European Union ministers continue to talk Brexit despite little progress in recent months
"We are happy to be flexible if the British government comes forward with some new thinking, but what we are not flexible on is the outcome", Coveney said.

Shadow Cabinet Office Minister Jon Trickett attacked the Sunday Times Rich List and accused the Conservatives of deliberately gifting tax cuts "worth tens of billions of pounds" to their "billionaire friends". "The Brits are perfectly capable of managing the Brits and don't need Brussels telling them how to manage things", he said.

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