@Robbrown595@DanNeidle@redosky And will then get permission to convert to residential, develop, sell and make a killing. As long as they don't have to write the property down in the books by lowering the rent they are happy unfortunately.
@Brendan80704486@benonwine It looks like a bad call now, but if that money had been taken and put in an S&P Index fund it would be worth about £30bn also. The heavy lifting is being done by inflation and compounding and few called it out at the time as a bad idea.
Delighted to see more Labour MPs embrace the need to tax the super rich. But there is so much more to do.
For an ambitious and stable economy take a look at our 10 policies - starting with a wealth tax and taxing wealth like work
https://t.co/ijNAcwGm3n
Chris Packham on the political shift on climate change: “It’s no secret that the fossil fuel companies are funding Reform and The Conservatives - that’s a fact. These people are either denying something extremely dangerous or they’re puppet-ing it for their paymasters” #bbclaurak
@UKDispatchBox@DanNeidle Many with large unrealised gains (eg selling their business) move to a tax haven. Make the sale there and pay no tax, I assume it's that kind of thing he's referring to. There are more complicated ways of course (if you can afford the right tax planning)
‘I was born in Tooting. Where am I going to go?’
Sadiq Khan challenges Sarah, who claims there’s ‘too many brown faces in London’ and ‘immigrants need to go home.’
"Mitchell And Webb Are Not Helping", a new sketch show featuring @arobertwebb, @5teviem, @kfRedhot, @lararicote, Krystal Evans and me, starts NEXT MONTH on @Channel4! Here's a little taster to get you in the holiday mood.
What the Russians want is the complete destruction of life. In more than eleven years of Russia’s war against Ukraine, they have brought only one new thing to our land, the most widespread Russian “legacy”, ruins and death. We must continue resisting this. I thank everyone around the world who is helping.
The Russians are preparing to continue the war and are ignoring all peace proposals. They must be held accountable.
We are working to strengthen Ukraine’s air defence. We urgently need positive signals from the United States regarding air defence systems — we are still waiting for a response to our request to purchase systems that can help.
I thank the European countries for supplies. We must also achieve results in joint production of air defence systems and missiles, this is absolutely essential for our whole Europe. Only time separates us from that result, and what matters most is shortening that time.
Over 60s own 53% of UK housing wealth. Under 35s own 6%. Those figures are insane. And 10 million homes have at least two empty bedrooms. There are no quick or easy solutions but we’ve got to start talking more about how the system can incentivise the most effective use of the housing we have.
BREAKING: Trump says he inherited a terrible economy when asked about today’s stock market crash. The opposite is true. Our economy under Biden was the envy of the world. Trump’s actions are sending our market crashing.
We're in London today with a big old bus to tell our Govt this country cannot afford cuts. Instead they should tax us, the super rich. A 2% wealth tax alone could raise up to £460mln a week. @Keir_starmer - invest in a fairer economy. Patriotic Millionaires say Tax Our Wealth