Labour have demonstrated they are running scared of their own legacy by refusing to levy any form of taxation on the rich
Category Archives: Tax
Bank of England series: Banks in turmoil
The banking crises have shown the fragility of the banking system and the broader vulnerability of the global financial system.
Budget Day strikes
The budget has rightly been overshadowed by the strikes and protests of the labour movement, not least because the announcement has elicited comment from the Office of Budget Responsibility that we will see the largest fall in living standards since 1956.
Workers GB day conference
This Saturday 18 March a day conference for members of the Workers Party is being held in Birmingham.
Centrica makes a killing off the cost of living
Energy supplier Centrica is expecting an almost eightfold increase in net profit. This at a time where 34% of adults in Britain face a choice between ‘heating or eating’ due, among other things, to a twofold increase in energy prices in the last year.
Billionaire bonanza
More than 260 million people could be plunged into extreme poverty this year because of skyrocketing inflation while hundreds have become billionaires whose cumulative wealth rose 30 percent, according to Oxfam International. In a report published on Monday, the first day of the World Economic Forum summit in Davos, Switzerland, the Oxfam report was pickedContinue reading “Billionaire bonanza”
Bosses making a killing whilst poisoning our rivers
The Sunday Times has published a piece juxtaposing the dire record of three companies in poisoning the nation’s rivers and lakes with the ongoing bonanza being enjoyed by their directors: 1. Severn Trent Water “Liv Garfield, the chief executive of Severn Trent Water, has earned more than £17.3m since 2014, making her the highest-paid inContinue reading “Bosses making a killing whilst poisoning our rivers”