News

Rachel Reeves set to reject calls for wealth tax on super-rich
Rachel Reeves is set to reject introducing a wealth tax despite pressure from left-wing MPs in the Labour Party ...
Business Secretary Jonathan Reynolds dismisses 'daft' wealth tax - 'be serious'
It is the first time a Government minister has explicitly ruled out a wealth tax since plans to cut disability benefits were ...
The wealth tax options Reeves could take to ease her fiscal bind
Sky's Gurpreet Narwan says while there is support within Labour for a wealth tax, the government will be mindful to avoid a ...
Super-rich cancel property purchases in Britain over wealth tax fears
The super-rich are cancelling property purchases amid fears of a wealth tax, experts have said. Rachel Reeves is under ...
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Most Brits support a wealth tax – so, which European countries have one?
Britain is one of the most unequal countries in the OECD. The richest 10 percent of households hold 43 percent of all the ...
What is a wealth tax – and would it work in the UK?
A wealth tax is a direct levy on an individual’s total net assets – things like property, investments, cash, and other ...
The 26 MPs calling for a wealth tax vote ahead of Labour’s Budget
Labour MPs Richard Burgon, Imran Hussain, Bell Ribeiro-Addy, Kate Osborne, Kim Johnson and Ian Byrne have sponsored the ...
UK’s Reynolds Says Government Won’t Introduce ‘Daft’ Wealth Tax
A UK government minister said Keir Starmer’s administration won’t introduce a wealth tax, pouring cold water on an idea that has been promoted by some in the Labour Party.
Reynolds rejects ‘daft’ Left-wing calls for wealth tax
Jonathan Reynolds has rejected “daft” calls for a wealth tax from Left-wing Labour MPs as the Treasury faces pressure to fill ...