Britain has the lowest level of millionaires since the financial crisis – and that’s no accident Opinion The number of millionaires in Britain has sunk to its lowest level since the 2008 financial crisis. Rich residents aren’t just fleeing because of policy choices like high levels of tax and the removal of non-dom status, but also a cultural hostility to wealth, says James Lawson It is no secret that the wealthy and [...]
Happy Tax Freedom Day! You’re working for the government longer than ever Opinion Today is Tax Freedom Day, the point in the year where British workers earn enough to pay their off their tax bill and start working for themselves – and it’s later than at any point since 1981, says James Lawson “There is nothing more permanent than a temporary government program”. So wrote 20th-century American economist [...]
67 per cent tax rate will drive the last non-doms away from Britain Opinion The Finance Bill will create a punitive and arbitrary set of rules for non-doms, under which they could end up paying exorbitant levels of tax, says James Lawson This year’s Spring Statement was a pretty no-nonsense affair – and with good reason. As the war in Ukraine rages on, Trump’s tariffs begin to bite and [...]
Don’t let the doom-mongers stand in the way of our robot-driven future December 1, 2020 Are the robots coming for our jobs? That has been a perennial worry ever since the initial technological advances of the first industrial revolution. But there are concerns that this time is different — and that artificial intelligence (AI) requires government intervention. Some estimates suggest that 40 per cent of jobs are at high risk [...]
DEBATE: Is the EU’s approach to regulating artificial intelligence misguided? March 16, 2020 Is the EU’s approach to regulating artificial intelligence misguided? James Lawson, chief AI evangelist at DataRobot, says YES. Artificial intelligence (AI) is transforming society for the better. We’re using it to improve services and save lives. Applications range from fighting fraud to preventing forest fires and creating new medicines. The EU’s desire to be the [...]