Oxfam targets tax haven reform

Oxfam has called on tax havens to be banned, as the Oxford-based charity reveals that the wealth of the richest 1% equals the rest of the world combined.

It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality.

The charity's Katy Wright said there was an estimated £5trillion kept in tax havens.

Jon Ironmonger reports.