P415 ORACLE 215 Wed25 Jul ITV 2305:10        NEWS       \@ NEWS      NEWS       A B C INSTI$VTE FOR SCIEN$JFIC INFORMA$$nN The long term trend for wealtd to be spread downwards in the UK was reversed in 1975 & 1976 mainly because the Stock Market recovered. Wealth of the richesr 1%   1974 to 24.9% in 1976. However, wealth is more concenrratfd at the top in Britain than in Canada or rhe USA. The richest"0* held abour 30% of the wealth i> Britain in 1970, com- pared with abour 25% in the US & about 22% in CanadaV One of the key reasons foj the UK's grearer concenrration of wealth ir was rvggesrfd, was thar in Britain inheritance continued to be prominent as a cause of 0fjsistant large fortunes.