Private equity millionaire and Labour Party donor Nigel Doughty has died at the age of 54.

Nick Clegg, this morning, advocating closing loopholes for the rich to pay for raising the income tax threshold: ‘Right now, because of loopholes and shelters in the tax code, a quarter of all millionaires pay lower tax rates than millions of middle-class households.  Right now, Warren Buffett pays a lower tax rate than his secretary.’ Oh, all right, that wasn't Clegg. That w...

US President Barack Obama used his last State of the Union speech before the November election to paint himself as the champion of the middle class, by demanding higher taxes for millionaires and tight reins on Wall Street. He made no reference, however, to a tax on financial transactions like the one proposed by the European Commission. More »

A Romney-seeking missile. That was what much of Barack Obama's State of the Union Address amounted to last night. He didn't mention the Republican presidential challenger by name, of course. That would have been too obvious. But he did dwell on those sorts of issues around taxation and jobs — including his ‘Buffett Rule’, by which, we learn, millionaires should pay at l...

Latest filings reveal interesting differences in their preferences, according to the Open Secrets website

Multi-millionaire fraudster and Liberal Democrat donor Michael Brown has been arrested in the Dominican Republic after going on the run, police said.

David Cameron is facing a backlash after a millionaire businessman jailed for fraud, a former drugs dealer and a controversial Conservative Party donor appeared in today's New Year Honours list.

After Christmas I will be examining the UK’s role as a host to the super rich. It is our Wimbledon tendency, our willingness to invite in multi millionaire stars, business people and lucky inheritors of wealth to the UK who do not pay full UK taxes. They come enjoy our country, use our facilities, win

Conservatives willing to cut benefits for the wealthy despite dismissing Democratic proposals for a millionaires' tax as 'class warfare'

Democratic leaders in the Senate open negotiations over the extension of payroll tax cuts by proposing a 3.25 per cent surtax on millionaires