Uncovered: the four Scots families who have more cash than the poorest 20%

Glasgow poverty web

Oxfam has discovered four rich families are raking it in while Scotland's poorest queue up at foodbanks

8th October 2015 by Robert Armour 2 Comments

Just four wealthy families in Scotland have more cash than the poorest 20% of the population put together.

The richest families living in Scotland are: the Grant-Gordon whisky family (£2.15bn); Mahdi al-Tajir, who owns Highland Spring (£1.67bn); oil tycoon Sir Ian Wood (£1.385bn); and former Harrods owner Mohammed Al-Fayed (£1.3bn). 

Between them these four families have more money that around 1 million less fortunate Scots. Combined their wealth amounts to over £6.5bn.  

A report by Oxfam Scotland also shows the country's 14 wealthiest families are better off than the most deprived 30%.

The charity is now calling for more to be done to tackle inequality in Scotland. It says politicians and civil servants are out of touch with "the realities of living in poverty" and should go on a poverty training course.

In the run-up to next year's Holyrood elections, Oxfam is calling on all political parties to "commit themselves to creating a more equal Scotland within a more equal world".

Jamie Livingstone, head of Oxfam Scotland, said: "The Scottish Parliament has a number of powers which it could use to reduce inequality and poverty. We urge all parties to outline clear and robust policies for achieving this goal."

He argued "poverty extends beyond money", saying more must be done to "challenge unequal power dynamics by amplifying the voice of people in poverty within decision-making".

We urge all parties to outline clear and robust policies - Jamie Livingstone

Livingstone added: "We recognise that not all political power rests in Scotland but where the Scottish Parliament has power it should act boldly, and where it does not it should be a strong and progressive advocate for change."

Oxfam is calling on political parties at Holyrood to work towards a number of goals, including building a more equal Scotland, ending hunger in Scotland and increasing international aid.

The report revealed that nearly one in five people in Scotland live with the daily reality of poverty and women are hit hardest.

Oxfam wants the next government to establish a target for reducing economic inequality in Scotland and to create a dedicated inequality commission to identify how devolved powers can be used to achieve this.

While Oxfam welcomed First Minister Nicola's Sturgeon's decision to have a gender-balanced cabinet, the charity said more must be done to give the poor, disabled and ethnic minorities a voice.

The report said: "As part of professional development, cabinet secretaries – as well as Scottish Government directors and deputy directors – should undertake a poverty training course overseen by the poverty and inequality adviser. This should involve meetings with groups and individuals with direct experience of poverty."

To help the poorest people across the world, Oxfam said parties in Scotland should allocate £10 million to the International Development Fund in the first year of the new parliament and should also pass legislation to ensure this level of help is maintained.

An International Emergency Fund should also be set up by the Scottish Government and should receive £1 million a year as "a floor not a ceiling", so that Scotland could respond to humanitarian crises as need dictates.

Oxfam also said Scotland should be promoted as a "nation of sanctuary" for refugees, with the report calling on the next Scottish Government to do all it can, including providing financial support, to help the resettlement of refugees.

14th October 2015 by Rose Burn

Two of those four 'families' are actually businesses employing people, paying taxes and exporting for the benefit of Scotland. Why would Scotland add a few millions to the overseas aid budget when the UK government spends £11 billion a year (0.7% of gdp) on that area?

17th October 2015 by Craig Crosthwaite

it is understandable that we need encourage people to become wealthy through the application of their ingenuity and business prowess. If through their endeavours they accumulate and pass to descendants monetary wealth then that should be welcomed. It would be interesting to know if those individuals enjoy tax concessions that allow them to mitigate their tax bill. Legal, but currently too expensive for our nation to continue to sustain. Tax equality should, as Mr a Buffet States, mean that wealthy individuals should not be cosseted by the state and create a system whereby they pay less than their employees as a % (not £). If we truly are in this all together then for each benefit reduction surely we can tear a page out of the worlds most complex tax book and reduce welfare through tax concessions. Philanthropy should not be seen as an alternative to taxation. In addition, we really need to get the Robin Hood Tax sorted to ensure the trillions the worlds wealthiest 1% send around the world is taxed - which in itself would be enough to wipe out world debt (McKinsey report). It would not hurt them. It might reduce philthanthropy but if we are all a bit wealthier then we would not need so much charity.