The Sunday Times Rich List has revealed that the wealth of the richest 1,000 people in Britain has more than trebled in the decade since Tony Blair came to power. Sunday Times

The 260% rise in the wealth of Britain’s richest people contrasts with a 120% average wealth increase for the population as a whole.

The nation has become a haven for the international super-rich and there are now 68 billionaires living in Britain, up from 54 last year. About a third are from overseas and only three of the wealthiest 10 billionaires were born here.

The richest are Lakshmi Mittal, the Indian-born steel magnate now worth £19.25bn, and Roman Abramovich, valued at £10.8bn.

The richest Briton is the Duke of Westminster, whose is worth £7bn.