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Tag: inequality

42 Articles

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Fifty biggest global US companies stash $1.3 trillion offshore

The 50 biggest US companies have more than a trillion dollars hidden offshore according to a new report published by Oxfam today. This is more than the entire GDP of countries such as Spain, Mexico...

Prime Minister 'dictated to' by tax havens over offshore secrecy

Commenting on David Cameron's statement in House of Commons today that he is choosing not to require Britain's Overseas Territories and Crown Dependencies to have a public register of who...

Reaction: European Commission anti-tax dodging proposal 'close to pointless'

Commenting on proposals announced by the European Commission today to make large multinationals operating in Europe disclose where they make profits and pay tax, Oxfam GB Chief Executive Mark Goldring...

Reaction: Cameron needs to make offshore tax reform more transparent

Commenting on the Prime Minister's announcement today that UK offshore territories have agreed to provide full information to UK law enforcement agencies on who really owns and controls companies...

5 steps for Prime Minister to put UK's house in order before tax and corruption summit

Oxfam is calling on the Prime Minister to intervene to clean up Britain's dirty offshore backyard after the Panama Papers revealed that UK-linked tax havens, in particular the British Virgin...

Londoners think current levels of wealth inequality are damaging to capital's future

New Oxfam poll shows 70 percent of Londoners think gap between the richest and poorest is too high. ...

REACTION Panama Papers leak highlights need for crackdown on UK tax havens

The Panama Papers leak reveals wide-spread tax dodging by a powerful global elite and a strong connection between the UK and the firm at the heart of the scandal, Mossack Fonseca. More than half...

Reaction to Budget announcements on tax and aid

Commenting on measures announced in today's Budget to raise an extra £9 billion by cracking down on corporate tax dodging, Oxfam's Head of UK Policy Richard Pyle said: "The Chancellor...

A quarter of all new UK wealth goes to millionaires

The richest 1% of the UK population - made up entirely of millionaires - has captured more than a quarter of the £4 trillion increase in national wealth since 2000, while the poorest continue to...

Oxfam Online Shop launches Gender Pay Gap Sale

Oxfam's Online Shop is discounting selected items of men's, women's and children's clothing by 13.9% - representing the gap between men and women's pay in the UK - to mark...

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