“Advertising analysts estimate the revenue raised in the UK is four times greater than that booked by the UK arm of Google, at £5.5billion.The UK’s proposed 2% Digital Services Tax on income barely scratches the surface of what is a fair tax contribution.” … [Read more...] about Google paid UK staff £1bn last year – but just £55m in corporation tax
“My understanding is there isn’t any legislation that might stop or start this, it is already in train. It is more a question of whether it reflects what we heard the prime minister say when she first became PM on the steps of No 10,” the Tory MP told BBC Radio 4’s Today programme. … [Read more...] about John Major calls for Tory review of ‘unfair’ universal credit
Indeed, advanced-country politicians today still seem to be ignoring the limitations of an economic model that relies excessively on finance to create sustainable, inclusive growth. Though those limitations have been laid bare over the past 10 years, policymakers did not strengthen adequately the growth model on which their economies depend. Instead, they often acted as if the crisis was merely a cyclical – albeit dramatic – shock, and assumed that the economy would bounce back in a V-like fashion, as it had typically done after a recession. … [Read more...] about Why haven’t politicians learned from the financial crisis?
“When people question that proposition they lash out and historically one of the places people lash out is against outsiders. And I don’t think it’s a surprise to see that when people are anxious they lash out on issues like immigration. But the answer is not to put up borders that are impermeable … but it’s also not to ignore the anxieties,” Lew told his audience in Oxford. … [Read more...] about Liberal democracy is at risk unless inequality is tackled, says Jack Lew
Boris Johnson has written a column for the Telegraph for the best part of three decades. No modern politician’s opinions are better known: readers have been treated to his views on skiing helmets, the African elephant, and the disappearance of the otter, among other more weighty subjects. But his columns have also become a source of controversy, with his opponents selectively quoting from them in an effort to discredit him. … [Read more...] about Presenting our big Boris Johnson archive: from Europe to the environment and more