Lords consideration (before second reading) of the Social Security (Up-rating of Benefits) Bill - Oct 13

Wednesday, 14 October 2020 07:32

Lord Foulkes of Cumnock (Lab Co-op):...During the pandemic, the poor have been getting poorer, while UK billionaires have seen their personal wealth rise by £25 billion. Hedge funds have done well; Jacob Rees-Mogg will tell you that. Some shares have gone up; people have made a killing there. The personal wealth of the UK’s top earner, Jim Ratcliffe of Ineos, is between £18 billion to £20 billion, but what has he done? He has moved to Monaco so that he can avoid paying tax. These...Request free trial