Wealth of British billionaires increased by £35m per day last year, Oxfam study finds
https://morningstaronline.co.uk/article/wealth-british-billionaires-increased-ps35m-day-last-year-oxfam-study-finds [20 Jan 2025]
BRITISH billionaires’ wealth surged by £35 million a day last year, new research reveals, as the rest of the nation worries about energy bills.
According to a report by Oxfam released today, the collective wealth of billionaires in Britain increased to a total of £182 billion in 2024.
The amount would be enough to cover the whole of Manchester in £10 notes one and a half times, the charity said.
The same report revealed that global billionaire wealth grew by $2 trillion (£1.6bn) in 2024 — three times faster than the year before.
Oxfam inequality policy lead Anna Marriott said that the world is on course for the emergence of at least five trillionaires within a decade.
“The global economic system is broken, wholly unfit for purpose as it enables and perpetuates this explosion of riches while nearly half of humanity continues to live in poverty,” she said.
…
https://morningstaronline.co.uk/article/wealth-british-billionaires-increased-ps35m-day-last-year-oxfam-study-finds [20 Jan 2025]
John McDonnell: This government has one last chance to take a progressive path. Otherwise, we’re at the point of no return
If someone read out the following list of policies, which party would you think was in power? Depriving 2 million pensioners of the winter fuel allowance. Refusing to scrap the two-child benefit cap to lift nearly half a million children out of poverty. Raising tuition fees for students by more than the rate of inflation. Cutting overseas aid to the poorest people across the globe by half. Cutting £5bn from benefits for disabled people. Introducing a new round of cuts to government department spending and laying off 50,000 public sector workers.
I very much doubt even 12 months ago you would have thought that this would be the Labour party in government.
It is expected that in the spring statement, the chancellor, Rachel Reeves, will seek to justify this effective return to austerity by the necessity to maintain “iron” economic discipline through a rigid adherence to her fiscal rules. The chancellor’s argument will be that the world has changed, which is true, but this prompts the question: why, then, doesn’t the government’s strategy change to meet the situation it now finds itself in? Even Germany’s iron laws welded into its constitution are being adapted to the new economic realities.
Media briefings suggest that in her spring statement speech on Wednesday Reeves wants to be upbeat about Labour’s achievements so far. She is likely to cite the welcome rise in the minimum wage, but may fail to acknowledge that even working full-time on the minimum wage means a person is nearly £10,000 below the annual income, after tax, calculated by the Joseph Rowntree Foundation as necessary to secure an acceptable standard of living.
In recent interviews Reeves has already claimed this year’s above-inflation rise in wages as a government success, but has failed to mention that even with this long awaited rise, wages remain so low that 37% of people having to claim universal credit are actually in work. At least she will have some big numbers to cite on investment in the NHS and infrastructure. The problem is that much of the new NHS money could be drained away by the strains placed on it as disabled people find they are unable to cope without the support that has been taken away from them. This will include elderly people without adequate physical care and younger people without mental health support.
The problem with the increase in infrastructure investment is also that the memory of the cut in Ed Miliband’s green investment budget lingers in the mind and, as Reeves has repeatedly been warned, infrastructure investment takes a long time to feed into growth on any scale in the economy, and any benefit is likely to land after the next election.
The danger now is that the government’s standing could be irretrievably damaged as the Labour party is branded just another austerity party. This will provide the key that opens the door to the populist Reform UK. Nigel Farage’s party doesn’t need to present a rational, implementable alternative economic policy programme. It will simply go full Trump to distinguish itself from both Conservatives and Labour by portraying itself as anti-establishment, the defender and voice of the working class – while targeting immigrants, wokeism and even some corporations.
The polls and council byelection results are showing that there is a crisis of confidence in the government, reflecting the reactions and worries about recent policies among our supporters and even party members. But it is not too late to turn things around. In the very short term, a relaxing of the fiscal rules would enable the chancellor to raise sufficient taxes from those with the broadest shoulders to prevent a return to ongoing austerity.
It is not rocket science to implement a programme of marginal tax rises that would end cuts and fund the progressive policies any Labour government would aim to pursue. The list is obvious: equalising capital gains tax with income tax rates; a realistic rise in corporation tax; a financial transaction tax; the introduction of a small wealth tax on multimillionaires, called for by the Patriotic Millionaires group.
There are also many non tax measures to help people who are still struggling with the cost of living, such as fair rent controls, service charge caps, stricter controls on energy and water price rises, and reviews of food price rises to prevent price gouging. However, the spring statement and the subsequent public spending review in June should define what the long-term strategy of the government is rather than responding to the short-term political and economic mess it has created for itself. For this I urge the chancellor to look beyond just stabilising our economy and managing the existing system slightly more efficiently than the Conservative chancellors before her.
People want long-term change that provides everyone with a decent quality of life and addresses the grotesque levels of inequality in our society and the environmental crisis. Over the past 25 years, I have followed the work of Richard Wilkinson and subsequently his colleague Kate Pickett at the Equality Trust. Their detailed research has forensically revealed the impact of inequality on our society and economy. To quote the trust’s report timed to coincide with the election of the new government last year: “Biased public policies and flawed economic systems are serving a few wealthy people at the expense of the wellbeing of people and planet.”
The report went on to outline how the duty that was enacted in the Equality Act 2010 to reduce inequalities resulting from socioeconomic disadvantage could be implemented by redistribution power and wealth in our society. This includes new policy-making mechanisms that empower communities to identify and design the services to address their needs, wealth taxes to fund these, universal social security programmes and community wealth-building.
I thought and hoped, maybe naively, that this was the sort of programme that the incoming Labour government would implement. The track record of the government so far is, sadly, remarkably distant from this progressive approach. The spring statement could be the opportunity to change that narrative, not just by bridging the short funding gap with redistribution but more importantly to narrate and launch the longer term progressive path we need to achieve true Labour goals.
My remaining hope is that the chancellor will seize that opportunity, for I fear that if she doesn’t it will be impossible to recover the ground we have lost.
I am quoting the full article assuming that John McDonnell owns the copyright and intends that it is widely published. I will alter this post if asked to by the Guardian.
“The ability to dissent” is at stake in Mahmoud Khalil case, say activists
Original article by Natalia Marques republished form peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.
Hundreds attend event in support of detained Palestine activist and raise funds for Middle East Children’s Alliance
On Saturday, March 22, hundreds packed the concert hall of the New York Society for Ethical Culture in Manhattan for an event organized by the People’s Forum calling for the release of Palestinian activist Mahmoud Khalil from ICE detention.
Weeks after his sudden arrest by plainclothes immigration authorities outside of his apartment building, Khalil still languishes in the notoriously violent ICE detention facility in Jena, Louisiana. Khalil, his family and friends, his legal team, and the growing movement for his release are currently battling the Trump administration in order to bring the activist home before the birth of his first child next month.
Activists and organizers of the event vowed to keep the struggle going for Palestine and Khalil’s release. “We will let the Trump administration know in no uncertain terms, that as they carry out their war on our right to speak, to assemble, they will have to deal with us,” said Layan Sima Fuleihan, Education Director at the People’s Forum, speaking at the event, titled “Free Mahmoud, Free Palestine”.
“We stand with Mahmoud and all the student activists daring to resist. We will stop business as usual, and we will never stop until Palestine is free,” said Manolo De Los Santos, People’s Forum Executive Director, at the event.
Last week, the Trump administration added new accusations against Khalil, in a move that appears to be intended to sidestep the anti-free speech accusations that have emerged from his case. Trump’s Justice Department lawyers claim that Khalil failed to disclose his work for UNRWA, and also some work he did for the UK government after 2022.
Legal battle continues
On Saturday, Shezza Abboushi Dallal, an attorney at the Creating Law Enforcement Accountability & Responsibility (CLEAR) Project and part of Khalil’s legal team, provided some updates to his case. According to Dallal, Khalil’s legal team is fighting tooth and nail to have Khalil moved from Louisiana to ICE detention in New Jersey, and to have him released from detention on bail, to return home to his wife Noor Abdalla, who is due to give birth in less than a month. Khalil’s legal team is also fighting his immigration case in an administrative court in Louisiana.
“The legal fight continues on all fronts,” Dallal addressed the crowd of hundreds. “And it will continue until Mahmoud is brought back here, home, with his wife, and soon his newborn child, and until his constitutional rights are vindicated.”
Dallal continued: “We know this is a test case for how far the government can take punishing organizers. And this administration says as much. They tell us plainly, that Mahmoud’s case is, ‘the blueprint.’”
“What’s at stake in this case is the very ability to dissent,” she said. According to Dallal, if Khalil’s case is the blueprint, “your collective refusal to accept it is too.”
Attendees at the event shared a willingness to fight for Khalil and the right to dissent. One attendee, Sasha, who like Khalil is a green card holder, told Peoples Dispatch that she attended to support the activist because she doesn’t believe that “expressing our right to free speech should be a punishable act, especially if it’s something in support of Palestine, a country that’s being oppressed.”
Jewish activists stand against accusations of anti-semitism
“My entire life, I have been frustrated by the actions that Israel has taken in Gaza,” Montana, another attendee, told Peoples Dispatch. “I continue to be frustrated by them, and also angry. And this unconscionable arrest that was made a few weeks ago is further proof that our country is not doing what they are supposed to be doing and has always not done what they are supposed to be doing,” she continued. “I’m a Jew, and I proudly support Gaza, and do not support Israel.”
The movement for Palestine, and especially the wave of Gaza Solidarity Encampments that began at Columbia University and spread worldwide, have been accused of anti-semitism by right-wing and Zionist groups. This is also the pretext that the Trump administration is using to crack down on student activism at Columbia University.
On March 13, the Trump administration issued what has been called a “ransom note” against the institution, demanding the University take action against student protest and challenging the academic freedom of certain departments if the institution wanted to retain USD 400 million in federal funding that Trump was threatening to revoke.
Columbia expelled, fired, suspended, or revoked the degrees of 22 students over allegations of pro-Palestine protest activity on the same day that the Trump administration issued its threatening letter. And on the precise deadline issued by the Trump administration, March 20, the university capitulated to Trump’s demands, ending faculty control of the Middle East, South Asian, and African studies department and the Center for Palestinian Studies, declaring anti-Zionist policies of student clubs to be anti-semitism, and empowering campus police to arrest students.
One of those 22 sanctioned students is Grant Miner, who is the president of United Auto Workers Local 2710, which represents graduate student workers at Columbia. Miner himself is Jewish and is a Jewish studies scholar, making Trump’s accusations of anti-semitism against student leaders ring hollow. Miner also spoke at the event on Saturday.
“Many of the students who participated [in protest] were Jewish,” Miner told the crowd. “However, I would also like to dispel the myth that we, as Jewish people, hold special or necessary insight into this issue,” Miner continued. “More and more people realize everyday that what is happening in Palestine is wrong and students who protested stand on the correct side of the most important moral issue of our time.”
Artists speak out
Speakers also included filmmaker and artist Alana Hadid, who is Palestinian and the sister of supermodels Gigi and Bella Hadid, celebrated actor Susan Sarandon, as well as poet and rapper Macklemore, who wrote the song “Hind’s Hall” inspired by Columbia student protesters who extended the Gaza Solidarity Encampment to Hamilton Hall, renaming it after the five-year-old Palestinian girl Hind Rajab who was targeted and killed by Israeli forces in January of 2024.
Macklemore spoke about his own fears of speaking out in support of the Palestinian cause, including fears centering around being labeled as anti-semitic. But ultimately, he reached the conclusion that “it is our moral obligation to adamantly protest the atrocities we are witnessing and funding or we are complicit.”
“I want to live in a world where standing up against genocide isn’t brave, it’s human,” said Macklemore.
Hadid, whose family members were victims of the Nakba, said that “what is happening [in Palestine] is not complicated.” Last week, Israel broke the ceasefire agreement and resumed the genocide in Gaza.
“This is a genocide, this is ethnic cleansing, this is the crime of the century yet we are the ones being silenced, we are the ones losing our jobs, we are the ones losing our homes, because we dare to speak the truth,” Hadid said. “But we refuse to be silent.”
Original article by Natalia Marques republished form peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.
Israel murders Gaza journalists Hossam Shbat, Mohammad Mansour
Original article by Aseel Saleh republished form peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.
Israel’s genocide in Gaza is in full swing as the Trump administration unleashes its ally and provides it with all the weapons it needs.
One week after the resumption of Israel’s genocidal aggression on Gaza, Netanyahu appears determined to continue on a path of massacres and devastation rather than return to negotiations to restore the ceasefire.
For almost a year and a half, using the most advanced military technology, Israel systematically targeted journalists and media workers, hospitals, and shelters full of civilians. The attacking of such “strategic” targets across Gaza by Israeli forces has resumed with the return to genocide.
Bombardment of hospitals
The Turkish-Palestinian Friendship Hospital
On Friday, March 21, the IOF blew up the only cancer health facility in the war-torn enclave; the Turkish-Palestinian Friendship Hospital in central Gaza. The Palestinian Health Ministry in Gaza clarified that the IOF detonated the hospital after using it “as a headquarters” for its troops throughout the time they have been occupying the Netzarim Corridor, which separates the northern part of the Gaza strip from its south.
The ministry described the bombardment of the hospital as a “heinous crime” and affirmed that “this criminal behavior by the occupier is consistent with the systematic destruction of the healthcare system and is part of the ongoing genocide.”
For its part, the Turkish Foreign Ministry denounced the destruction of the hospital, which was built by Türkiye and operated by local authorities in Gaza, in a statement on Friday. The ministry said that the attack is part of Israel’s broader policy that aims at “making Gaza uninhabitable”.
“The deliberate targeting of a hospital providing healthcare services to civilians in Gaza is part of Israel’s policy to render Gaza unlivable and force the Palestinian people to displacement,” the statement said.
The ministry further urged the international community to take “firm and effective steps against Israel’s unlawful attacks and systematic state terrorism.”
Nasser Hospital
Israel’s systematic targeting of hospitals and healthcare workers has continued with a new deadly air strike that hit the surgical unit at Nasser Medical Complex in Khan Younis in Northern Gaza on Sunday, March 23.
The assault killed at least two people and injured several staff members. One of those killed was identified as Ismail Barhoum, a member of Hamas’s political bureau in the Gaza strip, who was receiving medical treatment in the surgical unit at the time of the assault. The other slain person is a 17-year-old boy.
Barhoum was reportedly admitted to Nasser hospital as he had sustained critical injuries in an Israeli airstrike around one week ago.
Many believe the attack was launched to assassinate Barhoum. However, analysts and activists suggest that it also targeted four non-Palestinian physicians, who were frequently interviewed by western media outlets about the crimes committed by the IOF that they witnessed during the genocide in Gaza.
These physicians are:
- Dr. Mark Perlmutter
- Dr. Feroze Sidwha
- Dr. Tanya Haj Hassan
- Dr. Tammy Abughnaim
They were operating for hundreds of days on ICU patients and saving lives with limited medical supplies amid daily power outages.
Analyzing the attack, the Palestinian Youth Movement highlighted the significant role these physicians would play as witnesses at future international tribunals against Israeli officials via a post published on Instagram.
“The ability of these world-class surgeons to serve as highly educated, Western-based, ‘credible’ outside witnesses to the genocide, put their lives at existential risk from the moment they began their work during the genocide. The doctors knew this, yet despite the grave danger they continued to be under, they never stopped working and serving their patients, refusing to abandon them even after Israel’s ceasefire violations that caused the all-out war to resume,” the group wrote.
Surviving the attack, American trauma surgeon Dr. Feroze Sidwha wrote on his account on X: “I was at Nasser Hospital in Gaza when it was bombed today. One of my patients, a 17-year-old boy, was killed. He would have gone home tomorrow. If I had been changing his dressings, as I planned to this evening, I probably would have been killed too. Attacking hospitals is a war crime, and it needs to stop.”
Two Palestinian journalists killed in one hour
Amidst the resumption of its genocidal aggression on the Gaza strip, Israel has resumed the systematic targeting of journalists in an attempt to silence the truth. On Monday, March 24 two Palestinian journalists were assassinated in two separate attacks in one hour.
Palestine Today correspondent Mohammad Mansour was killed in an Israeli airstrike north of Khan Younis, before another airstrike hit the car of Al Jazeera Mubasher correspondent Hossam Shabat in Salah al-Din Street in the northern Gaza strip.
Videos of Mansour’s family bidding him a farewell were posted online. The videos showed the journalist’s grief-stricken father carrying his microphone and trying to make Mansour hold it again with his lifeless hands.
“Speak up, speak up, tell the whole world about what has been happening, the image can express everything,” Mansour’s father said as he was sobbing over his son’s dead body.
Hossam Shabat’s team shared his final message via his official X account, which he seems to have requested be published after his death.
“If you’re reading this, it means I have been killed—most likely targeted—by the Israeli occupation forces. When this all began, I was only 21 years old—a college student with dreams like anyone else. For the past 18 months, I have dedicated every moment of my life to my people. I documented the horrors in northern Gaza minute by minute, determined to show the world the truth they tried to bury. I slept on pavements, in schools, in tents—anywhere I could. Each day was a battle for survival. I endured hunger for months, yet I never left my people’s side,” he wrote.
“By God, I fulfilled my duty as a journalist. I risked everything to report the truth, and now, I am finally at rest—something I haven’t known in the past 18 months. I did all this because I believe in the Palestinian cause. I believe this land is ours, and it has been the highest honor of my life to die defending it and serving its people.”
“I ask you now: do not stop speaking about Gaza. Do not let the world look away. Keep fighting, keep telling our stories—until Palestine is free,” Hossam urged the free people of the world at the end of his message.
The Committee to Protect Journalists (CPJ) condemned the assassination of the two journalists in a statement on Monday.
“CPJ is appalled that we are once again seeing Palestinians weeping over the bodies of dead journalists in Gaza,” CPJ’s Program Director Carlos Martinez de la Serna said.
“This nightmare in Gaza has to end. The international community must act fast to ensure that journalists are kept safe and hold Israel to account for the deaths of Hossam Shabat and Mohammed Mansour. Journalists are civilians and it is illegal to attack them in a war zone,” De la Serna added.
Israel appears indifferent about the lives of its captives
Since October 2023, Israeli fighter jets have been launching arbitrary shelling across the Gaza strip putting the lives of everyone there at imminent risk, including Israeli captives.
The Al-Qassam Brigades, the military wing of Hamas, released a new video on Monday showing the two Israeli captives Elkana Bohbot and Yosef Haim Ohana, speaking to the Israeli public about their suffering.
Ohana emphasized that the video was not broadcast as an act of psychological warfare on Hamas’ part, but was instead something that he and Bohbot requested from their captors to have their voices heard by their people.
The captive stressed that closing the border-crossings and blockading humanitarian aid to Gaza by their government has left them with no food to consume. He also affirmed that Hamas fighters were “keen and concerned”, providing them with everything they needed.
Ohana said that he received a “severe blow” by his government when it decided to resume its aggression on Gaza on March 18, as the IOF’s aerial attacks could have killed them, and that they saw death before their eyes.
With an obvious outrage at the Israeli government, Bohbot said: “Enough with this government silencing our voice.”
“The prisoners who were with us before and now released, give them a chance to speak and express their opinions. Stop silencing their voices. Let them Speak. Let the truth come out,” he added.
Ohana and Bohbot called on released captive Ohad Ben Ami to recount his experiences in captivity, thus, that would pressure the Israeli government for speeding up their release.
The US has “unleashed Israel” with all the weapons it needs to proceed with genocide
Confirming the US’s full support and partnership in the renewed genocide in Gaza, Deputy US Special Envoy to “the Middle East” Morgan Ortagus told Fox News on Sunday, that the Trump administration “has unleashed Israel and provided all the weapons needed to continue the war.”
While the US seeks to reaffirm its partnership in murdering Palestinians, Israel continues to commit daily massacres across the Gaza strip, raising the official death toll to over 50,021 people killed since October 2023, according to the latest report published by Palestinian health authorities.
Widely respected institutions such as The Lancet medical journal, and UN human rights bodies have asserted that the death tally is likely severely undercounted, with the actual number being up to 40% higher.
Original article by Aseel Saleh republished form peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.
