The UK branch of Patriotic Millionaires said analysis by the Fight Inequality Alliance, the Institute for Policy Studies, Oxfam and itself found a wealth tax starting at 2% annually for those with more than $5m, 3% for people with more than $50m, and 5% for billionaires could generate $2.52 trillion a year.
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Boohoo tells suppliers not to subcontract, raising job fears
admin, , Business, 0
“As we state in our letter to suppliers, the boohoo group is committed to growing our business in a...
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Severn Trent to ‘spend billions’ upgrading network
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Severn Trent said the plan would also help it to reduce leakage by 16% and prompt a 30% reduction...
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Ngozi Okonjo-Iweala set to be first African boss of WTO
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After nearly six months without a leader, the World Trade Organization looks set to appoint Nigeria’s Ngozi Okonjo-Iweala as...
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Better rail services promised in huge shake-up
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Labour’s shadow transport secretary, Jim McMahon, said: “With fare hikes, £1bn cuts to Network Rail and broken promises to...
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Cisco says computer chip shortage to last six months
admin, , Business, 0
That is why Mr Robbins says: “What we don’t want is to have consolidation where any of the risks...
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Supermarket food could soon carry eco-labels – study
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Under the algorithm, the higher the score, the higher the environmental impact. As expected, foods containing more meat and...
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Amazon to pay billions to prevent Christmas shortages
admin, , Business, 0
Chief executive Andy Jassy said Amazon expected to “incur several billion dollars of additional costs” as it managed its...
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Can government claim credit for fall in inflation?
admin, , Business, 0
Measures such as keeping public sector pay settlements limited to 5-7%, as opposed to paying inflation-linked rises, will have...
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