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SHADOW chancellor John McDonnell has outlined Labour’s plans to reform the City today that include a financial transactions tax (FTT) expected to raise around £5 billion a year for public services.
His speech outside the Royal Exchange marked exactly 10 years since Lehman Brothers went bankrupt and triggered the biggest global financial mess since the Great Depression.
A rally in support of the “Robin Hood tax” is organised by groups including Unite, the Robin Hood Tax campaign, Christian Aid, War on Want, Disabled People Against Cuts and the Tax Justice Network.
CAROL WILCOX argues for the proper implementation of the land value tax, which could see unused plots sold off and landlords priced out of landlordism, potentially resolving the housing and planning crises
