Radical Left Lobby Groups Lose Out as Aberdeen ‘Fairness Trust’ Gutted – Guido Fawkes

Radical Left Lobby Groups Lose Out as Aberdeen ‘Fairness Trust’ Gutted

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There has been much wailing and gnashing of teeth in leftist circles at the decision by asset manager Aberdeen Group plc to kick out the group of tax hike enthusiasts running its charitable arm, “the abrdn financial fairness trust,” who since 2019 had turned it into a cashpoint for myriad organisations promoting tax increases and campaigning against spending cuts. Oh no!

Since 2018 the Trust has been led by leftist activist Mubin Haq, who has been campaigning against the Labour Government’s now stymied welfare cuts and for assorted tax hikes. The trust’s highest paid employee was raking in between £110,000 and £120,000 according to public documents…

Organisations who have over the years been in receipt of the trust’s circa £2 million per annum largesse are a roll call of the tax-raising blob, including:

• The Institute for Public Policy Research.
• IPPR Scotland. Even more radically left…
• New Economics Foundation. Corbynite…
• The Resolution Foundation.
• The Child Poverty Action Group.
• The IFS.
• Demos.
• The Fabian Society.
• The High Pay Centre.
• Poverty Alliance.
• TUC.

Critically the abrdn trust provided £660,000 of seed funding to establish CenTax, the ‘tax the rich’ research group that was successful in persuading Labour to introduce its disastrous policies of attacking non-doms and imposing a death tax on family firms and farms. The Resolution Foundation has also cashed in to the amount of £367,000. The loss of this annual infusion of millions is a severe blow to leftist lobby groups but the real surprise is how long it took Aberdeen plc to stop its own charitable arm from promoting anti-capitalist policies that hurt savers…