UK's five richest families 'worth more than poorest 20%'

As inequality grows in the UK, Oxfam calls on George Osborne to mind the gap

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(Image credit: 2010 Getty Images)

THE gap between rich and poor in the UK has grown significantly over the last two decades, according to a report from Oxfam, with the country's five richest families now worth more than a fifth of the population.

Britain's richest billionaires and their families now sit on wealth totalling £28.2bn, while the poorest 20 per cent of the country, some 12.6 million people, have a combined wealth of £28.1bn.

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