On your marks

I previously criticised the Fair Tax Mark (FTM) invented by Richard Murphy last year as part of an article on the tax debate.

A new version of the FTM is being launched as this issue hits your desk and it looks as if many though not all of the criticisms I and others had of the original have been met.

I had a preview of it because I was invited to a roundtable discussion a couple of weeks ago run by The Guardian which is the subject of a report in today’s paper (Thursday 20 February).

The original version was covered by Reuters as follows.

“British retailers have been accused of not paying their way on tax with just two of 25 well-known store groups awarded a ‘Fair Tax Mark’ in a report published...