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The Latest Breaking News from Oxfam

Explained: Can wealth tax plug India’s income inequality?

The richest one percent of India’s population owns over 40 percent of the country’s wealth while the poorest half has just 3 percent. Wealth inequality in India has only sharpened since the pandemic, and the number of billionaires rose from 102 in 2020 to 166 in 2022, according to an…

Newslaundry

Prices skyrocket as LLCs buy up homes

“Investors bought 24 percent of all single-family houses sold nationwide last year," according to new report

Salon

Abigail Disney and Mark Ruffalo are among 200 millionaires calling for taxes on the ultra-rich

The Patriotic Millionaires called upon Davos conference attendees to address wealth inequality.

Fortune

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Look at how the 1% are doing right now, and tell me the system isn’t rigged

The world’s super-rich have amassed so much wealth since the pandemic that even a Tory minister can see something is amiss, says the Guardian columnist Nesrine Malik

The Guardian - UK

Joseph Stiglitz: tax high earners at 70% to tackle widening inequality

Nobel prize-winning economist calls for new top rate of income tax and 2-3% wealth tax on fortunes

The Guardian - UK

Bay Garnett’s ultimate guide to second hand shopping in London

‘Queen of thrift’ Bay Garnett opens her little black book of the insider places in London to shop cheaply, fashionably — and sustainably — this Second Hand September

Evening Standard

Star stylist Bay Garnett’s thrifting tips

Star stylist Bay Garnett is a huge advocate for buying secondhand and shopping in a sustainable way can also be enjoyable.

Evening Standard

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Taoiseach says some billionaires are all ‘fur coat and no knickers’

Leo Varadkar said it would be “remiss” of him not to attend the World Economic Forum in Davos for a day and a half this week.

The Independent UK

'Tax us' say over 200 millionaires who back Oxfam's call to redistribute wealth

As the rich, famous and influential meet at the annual World Economic Forum in Davos, Switzerland, aid agency Oxfam says billionaires should be made obsolete. And 200 millionaires agree. In an open letter addressed to world leaders, they say they want to pay more tax "for the common good".

Radio France Internationale

High power prices drive some patients in Spain into poverty

Jose Maria Casais's 2,700 euros-a-month income from a pension and incapacity benefits ought to leave him better off than most of his fellow Spaniards.

Reuters

‘Tax us now’: ultra-rich call on governments to introduce wealth taxes

Disney heiress and actor Mark Ruffalo among ‘patriotic millionaires’ who addressed world’s elite at Davos

The Guardian - UK

Davos 2023: Oxfam calls for windfall taxes as report shows widening inequality

Oxfam's latest report on inequality shows that two thirds of global wealth created since the Covid-19 pandemic has gone to the top 1 percent of earners. As the 2023 World Economic Forum gets underway, the anti-poverty NGO is calling for windfall taxes on wealthy individuals and corporate profits. FRANCE 24's…

France 24

Oxfam echoes Bill Gates in calling for new taxes on the rich with ‘billionaire-busting policies’

More than 700 billionaires live in the United States.

Fortune

Shoppers at Boots, M&S, Lush, H&M and Primark can get paid to recycle empty and old products

Customers could be quids in with their clutter by heading to these retailers

Manchester Evening News

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Irish Mirror

Calls for new tax as richest 1% of Irish people own more than a quarter of country’s wealth

Oxfam Ireland is calling for a tax on Irish wealth at graduated rates of 2%, 3% and 5% above a threshold of 4.7 million euro, which it said would raise billions annually 'with the potential to transform Irish public services'

France 24

Davos 2023: World Economic Forum kicks off amid calls for more tax on super-rich

Political and business leaders from around the world are convening in the Swiss resort town of Davos. The theme for this year's meeting is "cooperation in a fragmented world". FRANCE 24's Kate Moody is in Davos and tells us what we should expect. Also in the show, Oxfam releases its…

The Independent UK

Richest 1% of Irish people own more than a quarter of country’s wealth – Oxfam

The charity said the richest 1% in Ireland have gained 70 times more wealth than the bottom 50% in the last 10 years.

The Independent UK

Richest 1% in UK now wealthier than 70% of population combined

Oxfam releases report highlighting wealth disparities in UK and around world

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The Guardian - UK

Monday briefing: Does the Davos conference really have the answers to the world’s problems?

In today’s newsletter: As the high society conference kicks off in the Swiss Alps, it faces new questions about its influence in a fractured world

The National (Scotland)

UK's richest one per cent has more wealth than bottom 70 per cent, analysis finds

THE richest 1 of people in the UK are now wealthier than 70 of the population combined, according to analysis by Oxfam.

Al Jazeera

Richest 1% bag two-thirds of $42 trillion in new wealth: Oxfam

Charity calls for more taxes on the rich as World Economic Forum gathers for annual meeting in Davos, Switzerland.

The Guardian - AU

Australia’s richest 1% pocketed $150,000 a minute over past decade, Oxfam research finds

Report calls for higher taxes for the super-rich as analysis reveals an Australian wealth tax could raise $29.1bn annually

The Guardian - UK

Call for new taxes on super-rich after 1% pocket two-thirds of all new wealth

$26tn of new wealth created since start of pandemic went to richest, Oxfam report reveals

The Independent UK

Richest 1% of people in UK now wealthier than 70% of population combined – Oxfam

Oxfam has released a report highlighting wealth disparities in the UK and around the world.

The Independent UK

As Davos opens, Oxfam urges windfall tax on food companies

Anti-poverty group Oxfam says companies making big profits as inflation surges should face windfall taxes to help cut global inequality

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