Good week for:
The waste crisis, with reports that the Government is to extend the plastic bag “tax” to all shops, to tackle Britain’s “throwaway culture” ( see page 23). Currently, retailers with fewer than 250 employees are exempt from the 5p levy. Men, who learnt that they are enjoying more leisure time than they did 15 years ago – while women have less. According to the Office for National Statistics, men spent 43 hours a week on leisure activities in 2015, up from 42.88 hours in 2000. In the same period, women’s leisure time fell to 38.35 hours, from 39.24. Other surveys suggest that women spending more time caring for adult relatives may be behind the growing disparity. Jeff Bezos, Amazon’s founder, who was named the richest person of all time, with a $105bn fortune. However, historical comparisons are tricky. For instance: John D. Rockefeller, the first billionaire, had an estimated $1.5bn fortune. Adjusted for inflation, it would now be worth $24bn, but that sum was then equivalent to 1.5% of the US’S economic output – and against that measure, it would now be worth $350bn.