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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House price rise since first lockdown revealed
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Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, said: “While homeowners might feel better off on paper, for...
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M&S to close 30 more shops as Ocado deal pays off
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Food sales were up 7%, clothing sales down by one third, with sales in High Street and city centre...
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Retail sales soar 9.2% in April as shops reopen
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“Footfall is still down by 40% on the pre-pandemic period, and there are still 530,000 people who work in...
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Nightclubs and large events advised to ask for Covid passes
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Michael Kill, who runs the Night Time Industries Association, said: “We have consistently opposed the use of Covid passports...
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EasyJet ‘hanging by a thread’, says union official
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Image copyright Getty Images An airline union official says he believes that EasyJet is “hanging by a thread”. In...
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British Airways passengers ‘stunned’ over cash refunds stand-off
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Image copyright Margaret Minto Image caption Gordon and Margaret Minto were shocked to learn that British Airways will not...
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Mortgage rates: Average two-year fix now above 6%
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More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
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Covid: Airport support scheme to open in England
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Industry groups had warned there was only so long airports could “run on fumes”, following the announcement of the...
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