Paul Novak
speaker
130 appearances
2 recordings
2 series
first heard Jun 2026
last heard 1 Jul
Paul Novak’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.
Appearances
I'd say that would be very hard for our members who have been hit in the midst of that cost of living crisis to swallow.
And certainly they won't swallow it unless they've seen very clearly that you've asked those with the broader shoulders to pay a fairer share first.
So I talked about the bank surcharge.
We had a record year for bonuses in the City of London last year.
£24 billion handed out in bonuses.
Our big four retail banks making £1 billion a week between them.
saying to families one in five of whom say to us they're skipping meals to make ends meet by the way pay more tax but we'll leave that untouched I don't think would go down at all there's been lots of speculation around capital gains tax and income tax I think it's crazy that the person who cleans an office quite often pays a higher effective tax rate than the city broker who sits in the office and so I think if he's looking at tax he's got to start with asking those with the broader shoulders to pay a fair share first.
There's no evidence that there's been a millionaire exodus.
Genuinely, there hasn't been.
And every time that you take on a vested interest, people will scream blue murder.
I mean, it's a different example, but we saw it with the Employment Rights Act just recently.
We saw it with the minimum wage 25 years ago.
But there's a whole range of reasons why investment is stalled in this country, including some of the external shocks that we've had.
But I genuinely don't think there has been a flight of the millionaires.
But I would say to people, I mean...
We talk a lot about cost of living crisis.
Not everybody in this country has lived through a cost of living crisis.
Some people have done really well over the last few years.
And I say, when we've got 70% of kids who live in poverty in this country, with at least one parent who goes out to work, I don't think it's unreasonable to ask those who've done relatively well to pay a little bit more.
Paul Nevak, thank you very much for being with us.
Showing 101–120 of 130 · page 6 of 7
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