Environment, UK Politics, World Politics

Solidarity will ensure that Britain wards off climate change

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Next week, scores of international leaders will descend upon New York, finally ratifying 2015’s ambitious climate change agreement. Rising temperatures, health-degrading pollution and a fast diminishing stock of fossil fuels are just some of the issues which lie shrouded in the tormenting black clouds of climate change. Last year’s treaty, penned in Paris, saw myriad states commit to a collective effort aimed at reducing carbon emissions worldwide. It is thus evident that for many governments, environmental instability is a serious problem which faces their populations. It does seem, however, that for the British government, – among others – dealing with the consequences of modern practices is far too low down on the agenda.

In past months, an alarming plethora of environmental calamities has emerged. Extraction of fossil fuels and thick pollution in cities may not seem like such disasters at the moment. However, according to many a scientist, the effects will span much longer timescales than many would ever have believed. Only last week, NASA announced that the way the earth spins is taking an unprecedented turn for the worse – sorry – as a result of rapidly melting ice caps. Furthermore, it has been recently forecast that as much as $2.5tn of material assets which are essential to humanity could become destroyed due to rapid climate change. To top that, new surveys have today pinpointed numerous low-lying landscapes which may cease to exist as our oceans continue to swell. This really is no time to be joking. Climate change is fast taking its toll, populations around the world are placed at greater risk, and our race is becoming severely threatened.

It seems that protection from the possible havoc of climate change should be a government responsibility. The United Kingdom has been particularly sluggish in its efforts, and whilst long-term prosperity is key to national success, future generations will profoundly suffer unless the necessity of sustaining our existence is brought to the fore. Without long-term co-operation internationally, as well as the force that comes with EU membership, Britain seems in danger of becoming increasingly oblivious to growing environmental issues.

Casting an eye over Chancellor George Osborne’s latest budget, it is clear that the government’s gusto for tackling climate change is feeble. Whilst the Conservative administration continues its rhetoric, proclaiming that the imminent climate apocalypse is one of the greatest issues facing the nation, strong preventative measures are simply non-existent. In the 2016 budget alone, funding for tackling climate change was minute. Increases in dealing with flood prevention did materialise, but only very moderate investment has been given to renewable energy. Instead, nuclear energy, despite many experts warning that the source is not viable for the long-term, received a boost. Incentives for solar energy installations have been drastically cut, too. Cameron must be blustering. Environmental sustainability is not as high a national priority as it should be, a huge mistake which may inevitably entangle future generations.

This month’s ultimate submission to the Paris agreement will one again reiterate that solidarity is paramount. Surely this will push our officials to choose sustainable options throughout each of our societies, and get our governments working for the common good. What is already a great matter of concern for surrounding nations must now become that of Britain, too. A vote to remain in the European Union ensures that our foreign partners can check upon our sometimes slacking government. Total membership within our vibrant global society and with its collective organisations enables reinforcement of our joint missions.

Brexit will damage our environmental focus. Britain will simply become too relaxed with a vote to leave on 23 June. Perhaps with next week’s full endorsement of the Paris agreement will shed a stronger light on the growing challenges facing our planet. The UK too easily surrenders in the fight to keep our societies safe from the inevitable perils of nature. It’s time that we passionately stood side-by-side with our international companions. Only then can we truly minimise the very real threat which could make our days increasingly gloomy in years to come.

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Business, UK Politics

Businesses mustn’t get too big for their boots when it comes to tax

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Google, Amazon, Vodafone and Apple are just a few of the multinationals which have made the headlines in recent months, but not only because of the revolutionary products and services upon which so many of us rely.

Over the past few months, the aforementioned companies, amongst many others, have received stark warnings over heinous tax avoidance schemes. Towards the end of December, it was revealed that Apple owes at least €880m in tax to the Italian government. Only in the same month had a startling report been published detailing over 500 corporations who had not paid their fair share in Australia, and this month it has come to light that Google has failed to pay anywhere near its 20% corporation tax. It seems that there will be no end to the corporation tax saga anytime soon.

Whilst our government takes away support for those whom day-to-day struggles for necessities is a reality, we should in fact be turning our attention to the activities of big business.

Many of the most prominent household name brands are simply not punished enough for this staggering wrongdoing. The extent of tax exploitation indeed involves only the very few, but the extent of the problem is far-reaching. In actual fact, Google has only had to pay back £130m in taxes, a mere fraction of their dues which have spanned the past decade. Further to this, Apple paid back to Italian authorities only €318m to ‘settle’ the dispute, a fee which again does not amount to full payment. Here, there is a fundamental flaw. The point of this repayment should not be to ‘settle’ any arguments. Companies should have to pay back their full debts in order to feel some real pressure and eradicate such fiendish tactics.

One thing is clear. Tax avoidance is eroding our society’s core economic values and our precious rule of law. Hard punishment for culprit companies must become real. In this era of capitalism, which has albeit seen a sparkling global economy, the organisations with a monopoly have an increasingly strong hold over political and economic agenda of our nation. Once one company takes advantage of the system, the rest will follow. The Conservative leadership is evidently failing to attack the underhand game plan of some companies, a government strategy which is punishing the poor and rewarding the deceit of the wealthy.

Without the contributions of organisations at the centre of our society, development of our nationwide economy will become slow and arduous. Multinational companies must give something back in order to support the small businesses which may one day grow to follow in their footsteps.

The European Union’s plans to finitely control tax payments from businesses in the light of these revelations is thus reassuring. Chancellor George Osborne must indeed keep businesses on his side but regulate them strongly, in the same way that the ordinary citizen is kept in line. Britain’s tax body, HMRC, must become more transparent and accountable to the public, making sure that all contribute their fair share.

A market economy like that of the United Kingdom can be hugely successful, but the recent tax scandals have proven that a degree of real state regulation is paramount. Britain’s monetary future must have fairness in its roots, a concept which must further become the spirit of our large businesses.

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