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At least £325 billion of dirty money from financial crime, money laundering, corruption, illegal trade and tax dodging flows through the UK every year and causes real harm, read our report here. https://t.co/KxtkjfEuom
At least £325 bn of dirty money flows thru the UK every year & a staggering £788 billion when UK linked territories such as Jersey and the Cayman Islands are included - our new report
https://t.co/GHyGO6JWDE
@LaurieWoodiwiss@Naomi_Fowler@jboltonjones@AlexJacobs16
We've been saying the UK has a big dirty money problem. Now we know how BIG!
New research from our friends @TheFinanceLab has exposed that around £325 billion from financial crime, money laundering, corruption, illegal trade & tax dodging flows through the UK every year.
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Nearly 9 in 10 people in the UK want the government to take economic crime more seriously.
They’re right to.
New research shows at least £325 billion in money linked to corruption, tax dodging and organised crime flows through the UK every year.
https://t.co/hg3eXwPoyn
Our new research estimates at least £325 billion of dirty money flows through the UK every year.
UK - especially City of London - remains a global hub for money laundering, corruption & tax abuse.
https://t.co/QJjdIsgUct
We must keep the #CostOfLiving on the agenda.
Yesterday, @gareththomasMP told the Commons “Millions of people and thousands of small businesses are locked out of #AffordableCredit” - and said the new Financial Services Bill could be a step toward fixing this.
#FairBankingForAll
"The upshot is that even pension schemes that have promised not to invest in fossil fuels have ploughed money into funds that are paying for major gas projects." @tbij investigate where UK public sector pensions are really being invested. https://t.co/0ieHY5M5Vd
‘If Labour wants to take on populism, it must start with the cost of living’ - @Y_FovargueMP in @LabourList on the rise of the #PovertyPremium.
https://t.co/WOHdCAVn1X
The Lab has joined a call by leading civil society organisations for the government to deliver an ambitious transition plan policy. Read the letter in full here ⬇️.
https://t.co/DQk7XQZf2X
Today, at 3rd Reading of the #PensionSchemesBill, responding to calls from Baroness Hayman, government committed to produce new guidance to clarify investment duties so pension funds can account for systemic risks like #ClimateChange. 🧵
How climate change is driving up insurance losses - new report. A couple of standout facts for me:
- 'Peak losses' where there is a major event, typically a US hurricane, projected to reach $400bn by 2030.
- Most losses are already not insured.
https://t.co/nwPJ0MAcvr
'Pension schemes are powerful investors in the economy. The decisions they make today will shape not only financial outcomes for retirees, but also the kind of world those retirees will live in.' Read more here ⬇️
'Pension schemes are powerful investors in the economy. The decisions they make today will shape not only financial outcomes for retirees, but also the kind of world those retirees will live in'
👏
https://t.co/owG3J2Qti8
Thank you Martin Rhodes MP for meeting again with Glasgow residents who have lived experienced of exclusion from affordable credit.
Great to discuss the #FairBankingAct as well as delivery & timelines for the government's Financial Inclusion Strategy.
#FairBankingForAll
Great news for the #CreditUnion sector 🙌🙌🙌
This will mean millions more people can become credit union members and have access to affordable credit - helping families avoid high-cost credit and build financial resilience. A big win for financial inclusion.
@ABCULCUs
From billionaires to bank lending: is the economy serving people or profits? Read @JesseLGriffiths latest round up of this month's news, views and articles here. https://t.co/RlYu4SnbmO