Associated British Foods, the owners of brands such as Kingsmill and Silver Spoon have been dodging their taxes in Zambia - one of the poorest countries in the world. I think this is scandalous, so I’ve emailed George Weston, the Chief Executive of ABF to ask that they pay their fair share of tax.
The more people who get in touch, the greater chance we have of getting through. Can you email him too? It’s easy at:
http://forms.actionaid.org.uk/ea-action/action?ea.client.id=539&ea.campaign.id=18814
- The global super-rich hide $21 trillion in offshore accounts.
- That is as much as the combined GDPs of the USA and Japan.
- This figure is estimated, the true figure could be as much as $31 trillion.
- The cumulative value of the capital that has flowed out of the economies of developing countries since the 70s would be more than enough to pay off their debts to the rest of the world.
- $9.8 trillion of assets is owned by only 92,000 people.
- That’s just 0.001% of the world’s population.
- If the $21 trillion of assets earned 3% in interest a year for its owners, and governments taxed that income at 30%, it would generate $188 billion in tax revenues.
- That’s more than rich countries spend on aid to developing countries each year.
From this article by Heather Stewart for the Observer.
From this article by Heather Stewart for the Observer.
“RBS boss Stephen Hester has accepted his bonus of £963,000 on top of his annual salary of £1.2 million. RBS is 80% owned by the UK taxpayer. This image represents his annual income as 2.2 million pixels, comparing it in ‘income parade’ style with other taxpayer-employed workers.”
(via hugonebula)
The NYPD provides Fox News’s midtown Manhattan studios 24/7 protection, The Daily Beast reports, more than any other media organization in the city…
“Only nine of the 62 apartments sold in One Hyde Park – the world’s most expensive residential block – have been registered for council tax.
“The ownership of the Knightsbridge apartments, which range in price from £3.6m for a one-bedroom flat to £136m for a penthouse, is now under investigation by Westminster city council, which is determined to pursue the monies owed by the secretive owners of the apartments.”