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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China exports see biggest drop for three years
admin, , Business, 0
China’s coronavirus restrictions were some of the most stringent in the world. A full lockdown was imposed for two...
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Pressure grows for ban on new leasehold flats
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A bill, which was introduced in Parliament on Monday, would make it easier and cheaper for homeowners to extend...
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Liberty Steel boss asks government for £170m bailout
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“We are still refining the details with my management team and our external advisors, but preliminary indications are that...
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HelloFresh fined over millions of spam texts and emails
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“Customers weren’t told exactly what they’d be opting into, nor was it clear how to opt out. From there,...
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Sick people leaving workforce at record highs
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As well as looking at ONS figures, the Foundation pointed to Department of Work and Pension (DWP) figures showing...
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Cost of living: ‘My daughter won’t ask me for money for sanitary products’
admin, , Business, 0
Earlier in the week, Prime Minister Boris Johnson said: “We have got to do what we can, and we...
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Tobacco giant Philip Morris raises bid for respiratory drugmaker
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The London-listed company said on Friday that it believed it could better positioned under Carlyle’s ownership, noting the “reported...
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SAG strike: Avatar and Gladiator sequels look set to be hit as actors walk out
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“They propose that our background performers should be able to be scanned, get paid for one day’s pay, and...
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