Discover and read the best of Twitter Threads about #caudwellpandemicrecovery
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Good to see @hmtreasury is looking seriously at how to implement my proposed #windfalltax on excessive profits online giants have reaped during Covid while so many other sectors have been devastated by enforced lockdowns.
thetimes.co.uk/article/amazon… @thesundaytimes @ShippersUnbound
thetimes.co.uk/article/amazon… @thesundaytimes @ShippersUnbound
This is the right fair thing to do.
Most recently, I spoke about my #windfalltax thoughts in this #thread. ⤵️
Most recently, I spoke about my #windfalltax thoughts in this #thread. ⤵️
.@bankofengland is right that our strong vaccine rollout is essential for our economic recovery. And we will undoubtedly have a big bounce as things reopen. But let’s remember that is from the very low position of being 10% down. #economy
bbc.co.uk/news/business-…
bbc.co.uk/news/business-…
This initial bounceback will be driven by those who have been lucky enough to maintain or grow their incomes during Covid as they splash out with their excess savings and make up for lost time. #bankofengland #economy #thread
But vaccines can’t reopen businesses already closed, save jobs already lost, pay off the debts of over-leveraged SMEs, or plug the huge holes in the finances of the unlucky 3.8m excluded from Covid income support for the past 10 months. @ExcludedUK #ExcludedUK #thread
