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And you’ve got a Conservative party and a prime minister talking about the red/blue wall, how to get to the forgotten man, talking about FDR,” O’Donnell said referring to Franklin D Roosevelt.“Let’s hold them to their words and say here’s some practical things you could do to achieve your vision of a one-nation Conservatism.”Retailer Ann Summers has warned its stores’ landlords they must take “a more pragmatic approach” to negotiations over rents.Take ten minutes of your time to read and apply this four step test. How to get to the forgotten man.‘We’re talking about FDR [Franklin D Roosevelt]. Wealth tax could raise £174bn to cover coronavirus debtFTSE slips 1.7% on strong pound and weak financialsSunak warned against £30bn tax grab at November BudgetEnd of an era for Ascentric as M&G completes platform takeoverH2O AM suspends funds over ‘valuation uncertainties’Tuesday Papers: global equities complete hottest August since 1986End of an era for Ascentric as M&G completes platform takeoverFSCS pays out £1.2m over DB transfer IFA with 600 claimsDiscount deals, fixed fees & price wars: 7 platform predictionsTwo-thirds of advisers feel safe from Covid for office returnsPhoenix boss says ‘nothing to worry about’ over Standard Life riftNucleus introduces e-signatures for new business and client instructionsASI shuts £500m bond fund after Scottish Widows pulls 95% of assetsWest contemplates dawn of low-growth ‘Japanification’Morningstar downgrades Scottish Mortgage over costsInflation spikes but prices tipped to fall as Covid-19's impact unfolds Wealth tax. Last Name.
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Former civil service head Gus O’Donnell has said a tax on the wealthy is more likely than ever following the economic carnage caused by Covid-19.The former head of the civil service has said a tax on the wealthy is a real possibility following the economic carnage caused by Covid-19.Gus O’Donnell, who served as cabinet secretary under David Cameron, Gordon Brown and Tony Blair, said the crisis has created a ‘burning platform’ for tax reform after exposing the gulf in inequality.According to research by the Institute of Fiscal Studies (IFS), the tax could be levied on assets such as property, pensions, securities or art.Speaking at an event hosted by the IFS on Thursday evening, Lord O’Donnell said: ‘We know that Covid has a very unequal impact.
By Dylan Lobo 03 Jul, 2020 Nice and simple.Technology entrepreneur Sonny Sehgal, CEO, Transputec discusses how companies can grow through digital transformation despite the challenges posed by Covid-19.Sir Gus O’Donnell calls for wealth tax as part of UK’s Covid-19 response If you would like to, you can find out more about cookies and managing them at any time
Gus O’Donnell, the former head of the civil service and a long-time Treasury official, jolted observers awake when he spoke at the project’s launch last week. Sir Gus O’Donnell, who served as cabinet secretary under David Cameron, Gordon Brown and Tony Blair, said the Conservative government could prove it was serious about fighting inequality and levelling-up Britain by increasing taxes on wealth.Describing the response to the coronavirus crisis as a “clear burning platform” for such a move, he said: “Covid has created a situation where we’re moving to a world where debt and deficit levels will be at levels we haven’t seen for decades.”Speaking at an online eventorganised by the Institute for Fiscal Studies, O’Donnell said: “We’re going to have a debate where people will want increased spending on the NHS and things like that. H2O AM suspends funds over ‘valuation uncertainties’
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