The Guardian, May 25th 2005, p.13
Labour should return to its founding principle of fighting poverty by raising taxes on the rich, two New Labour thinkers says in a policy paper. Anthony Giddens, originator of the Third Way, and Patrick Diamond, a Downing Street policy coordinator, argue for a tax on capital transfers by the wealthy and the lifting of the ceiling on national insurance contributions. They say "the haphazard if successful" anti-poverty agenda of Labour's first two terms, which stressed the need to get the poor into work may have reached the end of its life.
Financial Times, May 24th 2005, p. 4
The government needs to do more to increase job opportunities for unemployed workers aged over 50 to prevent a loss of skills and experience that is costing the economy billions of ponds, a Parliamentary reports says today. The study by the Public Accounts Committee also said there were insufficient data to determine whether the government's New Deal 50 Plus programme was working effectively.