Superrich distort London property prices

Superrich distort London property prices

Britain’s richest people are wealthier than ever before, as the May, 2014 publication of Sunday Times Rich List, a list of the 1000 richest families in the UK, found. Almost 500 of the top 1000 richest UK families live in London, but just those families have almost a quarter of the wealth of the superrich […]

Public bears cost of boom bust cycle in Detroit

Public bears cost of boom bust cycle in Detroit

It’s hard to picture that London, with its booming industry in professional services, could ever face the same fate as the US city of Detroit. The majority of London’s employed population (82%) works in the professional services (e.g. bankers, solicitors, accountants) and the financial sector employs one in every three such workers. And thankfully the […]

Basic Income UK takes part in UBI Week 2014

Basic Income UK takes part in UBI Week 2014

During a week of talks that gathered people in 10 different European countries organised by advocacy group Basic Income Earth Network (BIEN), a new UK activist cell called UK Basic Income met on September 16th to announce it’s mission statement. The UK group is targeting a simple, universal tax benefit that would permanently free the […]