Tax

PhD opportunity

It’s not very often that good PhD opportunities come up in the UK, but my colleague Prof Andrew Baker at the University of Sheffield has drawn my attention to one right now that could well suit someone with an interest in applied tax justice and related economic issues. The details are here. This is the advert: ESRC […]

Tax

Will Labour be welcome back?

Almost unnoticed in the last few weeks is the fact that there is, officially, a political Opposition in the UK. It does have quite a lot of MPs. And it has been almost silent. As the country has descended into chaos Labour has seemingly been elsewhere. This weekend Labour does, finally, begin to get over […]

Tax

Debt is a weapon of control

Peter May got to this issue quicker than I did yesterday. Peter writes regularly on the a Progressive Pulse blog that I publish. He said yesterday: Nick Macpherson, former Permanent Secretary to the Treasury has tweeted: Writing off NHS trust debt only justifiable if correlated with high pressure areas, eg London. Otherwise an inefficient way […]

Tax

£55 billion of NHS PFI debt has not been written off: with so much else that now needs to be reformed if the NHS is to serve us into the future

The government supposedly wrote off £13.4 billion of NHS debt yesterday. It didn’t: as I have already pointed out, all it did was make a book-keeping adjustment. What it actually did was allow NHS Trusts to record the sums they had spent for the populations they served as having been funded by central government when […]

Tax

Writing off NHS debt of £13.4 billion is a charade. What is required instead is the renationalisation of the NHS: nothing less will do

As the Guardian has noted this afternoon: To help NHS trusts deliver what’s needed, Hancock has written off £13.4bn of historic NHS debt. He said at this afternoon’s press conference: This landmark step will not only put the NHS in a stronger position to respond to the pandemic, but it will ensure our NHS has […]

Tax

The government has now announced there will be bank loan and credit card repayment holidays – which I asked for on budget day, three weeks ago

Three weeks late the Guardian has noted that the government has today said: The financial regulator has announced plans to freeze loan and credit card payments for up to three months as part of emergency measures for consumers impacted by the coronavirus outbreak. The measures, which would usually require a lengthy consultation, could come into […]

Tax

Johnson needs to stop lying

This is from Politico’s morning email, which is worth subscribing to: PM direct: No doubt warned of the incoming volley of abuse, Johnson tried to get ahead of things last night with another homemade video on Twitter. From his quarantined office in No. 11, the PM assured viewers that the government is “massively increasing testing.” He […]

Tax

HSBC: the bank I love disliking

I am not a fan of most banks: the worlds illicit financial flows pass through their branches. Their tax haven operations have fuelled corruption. Their dealing rooms have distorted whole economies. Their lending has been prejudicial to many and sucked the lifeblood out of a great many Companyes. Their predatory consumer lending has created personal […]

Tax

The world can’t COP out of climate change

I know we have an unprecedented crisis going on. Or rather, I know we have two going on. Coronavirus is killing right now. And it’s going to get worse. But we will survive. The climate crisis is also killing right now. The difference is there is no end in sight. And it’s not going to […]

Tax

The UK’s suffering from coronavirus will have been exacerbated by choice – and our government will be to blame for that

The scale of the mismanagement of the coronavirus crisis in both the UK and USA is now becoming very apparent. John Burns-Murdoch is easily the most reliable source of data on this issue now, charting it regularly and with clear explanations supplied. These are his latest charts: As he says, what is notable about the […]

Tax

I hope the Daily Mail remembers this headline

The Daily Mail has this headline today: The related article says: But has the Government done everything possible to crack Covid-19? The Mail reluctantly concludes not. By a country mile, the greatest misstep has been the shambles over mass testing. If Britain is to emerge from this nightmare (relatively) quickly, it is vital we ramp […]