Total wealth in Britain doubles to £7,644,521,000,000

* Nation's total wealth is equivalent to £119,000 for every person

* At the end of 2013 the UK was valued at £7.6trillion, up 4% on 2012

* Homes are worth £4.7trillion and we have £1.4trillion in cash or savings

www.dailymail.co.uk/news/article-2842351...s.html#ixzz3JcwLzV5o

Hard work IS rewarded .... as we all get richer !!!!!

In The Know (as always) wrote:
Total wealth in Britain doubles to ﾂ£7,644,521,000,000

* Nation's total wealth is equivalent to ﾂ£119,000 for every person

* At the end of 2013 the UK was valued at ﾂ£7.6trillion, up 4% on 2012

* Homes are worth ﾂ£4.7trillion and we have ﾂ£1.4trillion in cash or savings

www.dailymail.co.uk/news/article-2842351...s.html#ixzz3JcwLzV5o

Hard work IS rewarded .... as we all get richer !!!!!

Show ITK the facts Pattaya.

andrew wrote:
In The Know (as always) wrote:
Total wealth in Britain doubles to ﾃつ£7,644,521,000,000

* Nation's total wealth is equivalent to ﾃつ£119,000 for every person

* At the end of 2013 the UK was valued at ﾃつ£7.6trillion, up 4% on 2012

* Homes are worth ﾃつ£4.7trillion and we have ﾃつ£1.4trillion in cash or savings

www.dailymail.co.uk/news/article-2842351...s.html#ixzz3JcwLzV5o

Hard work IS rewarded .... as we all get richer !!!!!

Show ITK the facts Pattaya.

Mainly the rich have got richer,house price bubbles look good at the moment,but will come home to roost soon enough.
We're full of rich foreigners,so it's not our money that's being calculated.Also it covers two decades,and most of the growth came under Gordon Brown...

'The value of non-financial assets, which range from houses and cars to cattle and fine art, rose by £343 billion, while net financial assets and liabilities decreased in value by £19 billion.'

'Growing national debt means wiped £158 billion off the value of the UK, the amount that the government owes more than it owns in assets.'

Pattaya wrote:
Mainly the rich have got richer,

No ... ALL home owners have got richer (which is how it should be).

If you work hard and invest in society you deserve a reward.

most of the growth came under Gordon Brown...

... thanks to the wonderful legacy left by the last Tory government (Gordon HAD to promise to stick with OUR figures, remember? As soon as he was off with his credit card we started piling on debt !!!!).

Growing national debt means wiped ﾂ£158 billion off the value of the UK, the amount that the government owes more than it owns in assets.'

... and it will also be so UNTIL WE PAY OFF THE OVERSPEND (STARTED BY LABOUR) AND HAVE SOMETHING LEFT TO REDUCE THE N DEBT !!!!

In The Know (as always) wrote:
Pattaya wrote:
Mainly the rich have got richer,

No ... ALL home owners have got richer (which is how it should be).

If you work hard and invest in society you deserve a reward.

most of the growth came under Gordon Brown...

... thanks to the wonderful legacy left by the last Tory government (Gordon HAD to promise to stick with OUR figures, remember? As soon as he was off with his credit card we started piling on debt !!!!).

Growing national debt means wiped ﾃつ£158 billion off the value of the UK, the amount that the government owes more than it owns in assets.'

... and it will also be so UNTIL WE PAY OFF THE OVERSPEND (STARTED BY LABOUR) AND HAVE SOMETHING LEFT TO REDUCE THE N DEBT !!!!

No ITK the value of houses has not risen evenly in all areas,only the south east has had a real boom.

The Tory legacy was 'Black Wednesday' when they paupered us...and easy to make spending promises,a lot harder to stick to them.Brown at least did it,and removed boom and bust Tory economics till the 'worldwide crash' came about.
Most countries increased national debt in the global crash,most have started paying it off...except the idiots who keep sending money abroad we didn't ask for,but increase borrowing to do it.

has Britain not become richer year after year since time immemorial?

Due mainly to property prices soaring..not because of manufacturing or productivity (except in financial markets and much of that wealth is based on share prices, another illusion)

sort of thing that floats ITK's boat tho but it's well known he designed the Titanic.

Pattaya wrote:
The Tory legacy was 'Black Wednesday' when they paupered us...

We'd better not mention when Labour increased HP deposits to 25% to stop people spending ....

... or when they devalued the £ making everyone 20% worse off overnight ....

... or when they called in the IMF to bail us out ...

... or when (after having been in control of financial affairs for THREE TERMS), it all went tits-up !!!!!!


Brown at least did it,and removed boom and bust Tory economics till the 'worldwide crash' came about.

....... are you for real ????

HE DID everything ON A CREDIT CARD (and we'll be paying for it for decades to come)

In The Know (as always) wrote:
Pattaya wrote:
The Tory legacy was 'Black Wednesday' when they paupered us...

We'd better not mention when Labour increased HP deposits to 25% to stop people spending ....

... or when they devalued the ﾂ£ making everyone 20% worse off overnight ....

... or when they called in the IMF to bail us out ...

... or when (after having been in control of financial affairs for THREE TERMS), it all went tits-up !!!!!!


Brown at least did it,and removed boom and bust Tory economics till the 'worldwide crash' came about.

....... are you for real ????

HE DID everything ON A CREDIT CARD (and we'll be paying for it for decades to come)

Oh dear ITK you're getting selective amnesia

I'm simply stating that both parties have made their own mess with the economy..Thatcher borrowed more at times,less at others,as did Brown...but to say things were perfect under Heath,but crap under Labour is a joke...The IMF would have happened regardless of who was in power back in the 70s...remember in her first year Thatcher tripled unemployment and inflation...hardly an economic miracle worker.

Pattaya wrote:
In The Know (as always) wrote:
Pattaya wrote:
The Tory legacy was 'Black Wednesday' when they paupered us...

We'd better not mention when Labour increased HP deposits to 25% to stop people spending ....

... or when they devalued the ﾃつ£ making everyone 20% worse off overnight ....

... or when they called in the IMF to bail us out ...

... or when (after having been in control of financial affairs for THREE TERMS), it all went tits-up !!!!!!


Brown at least did it,and removed boom and bust Tory economics till the 'worldwide crash' came about.

....... are you for real ????

HE DID everything ON A CREDIT CARD (and we'll be paying for it for decades to come)

Oh dear ITK you're getting selective amnesia

I'm simply stating that both parties have made their own mess with the economy..Thatcher borrowed more at times,less at others,as did Brown...but to say things were perfect under Heath,but crap under Labour is a joke...The IMF would have happened regardless of who was in power back in the 70s...remember in her first year Thatcher tripled unemployment and inflation...hardly an economic miracle worker.

Ouch!

Pattaya wrote:

Oh dear ITK you're getting selective amnesia

Don't thin so ......

FOUR TIMES (since the 60s) we'd had a Labour government.

FOUR TIMES its been an economic disaster.