John McDonnell , the UK ’s Shadow chancellor of the Exchequer , has proposed raising the minimum wage to £ ##50 / hour in a speech to the labour Party Conference in Liverpool . McDonnell also pledged to create a new Tax Enforcement Unit at HM Revenue and Customers , which would increase the number of organisations dedicated to investigating tax avoidance . The Shadow Chancellor also pledged to a full , public register of company owners and beneficiaries specialising in British Crown Dependencies and Overseas Territories and to doubling the size of the UK ’s co - operative sector .
John McDonnell, the UK’s Shadow Chancellor of the Exchequer, has proposed raising the minimum wage to £10/hour in a speech to the Labour Party Conference in Liverpool. McDonnell also pledged to create a new Tax Enforcement Unit at HM Revenue and Customers, which would double the number of staff dedicated to investigating tax avoidance. The Shadow Chancellor also committed to a full, public register of company owners and beneficiaries located in British Crown Dependencies and Overseas Territories and to doubling the size of the UK’s co-operative sector.