This ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says reportUK politics live – latest updatesBusiness live – latest updatesThe wealth of Britain’s 157 billionaires is now equivalent to more than a fifth of the country’s entire GDP, according to analysis by the Equality Trust – a fivefold increase since 1990.The charity describes the trend, based on data in this year’s Sunday Times rich list, as Britain’s “ghost GDP”: headline economic growth increasingly disconnected from everyday life. Continue reading...

Source: https://www.theguardian.com/inequality/2026/may/15/wealth-britain-billionaires-gdp-rich-list-inequality