Pearce, Oliver

New Oxfam research shows that four pharmaceutical companies – Abbott, Johnson & Johnson, Merck and Pfizer – systematically hide their profits in overseas tax havens. They appear to deprive developing countries of more than $100m (around £80m) every year – money that is urgently needed to meet the health needs of people in these countries […]

Big business is able to take advantage of loopholes in global tax laws and avoid tax on a massive scale. This deprives governments around the world of the money they need to tackle poverty and inequality. It means there is less for them to invest in healthcare, education and jobs. This report examines the failings […]

Africa faces economic challenges not seen for many years. Growth is slowing and commodity prices have fallen. Inequality is high and growing fast in many countries. Africa’s greatest natural resource, its young people, risks being squandered. Africa is losing billions to corruption, poorly negotiated deals and tax dodging. Citizens are becoming more outspoken and more […]