The Conservative Party leadership competition has revealed starkly that the governing party doesn’t have a clue how to tackle the cost of living crisis.
While we face economic crisis on multiple fronts, Economics Professor Ozlem Onaran writes this is the time to rethink big, not just on fiscal policy but also public ownership.
If you were looking for long-term solutions to the problems in the British economy, you would have been disappointed with Rishi Sunak’s package.
The annual Sunday Times Rich List has been met with anger as the scale of wealth owned by the richest people living in the UK is exposed.
There was a huge backlash to the ‘advice’ from Rachel Maclean, a safeguarding minister in the Home Office, when she suggested people who were struggling with the cost of living should “protect themselves better, whether that is by taking on more hours or moving to a better-paid job.”
Tesco chief executive Ken Murphy is laughing all the way to the bank as he was paid $4.74 million last year. He was awarded £3.2 million in bonuses as Tesco profits soared as the COVID lock down measures ended.
Britain has more billionaires than ever before and corporation tax remains incredibly low – yet over 9,000 people are dying every year in poverty according to a new report from Marie Curie and Loughborough University.