Tax the Rich More to Fill Hole in Public Finances, Labour Members Tell Starmer

Labour members overwhelmingly back a wealth tax and renationalising water, new polling shows

Labour members want the government to adopt more radical policies including a wealth tax, bringing water into public ownership and scrapping the two-child benefit cap, a new poll has found. In a clear message to the party leadership, the polling, conducted by Survation on behalf of Compass, found that almost all Labour members (91%) support introducing a wealth tax on the super-rich.  Ahead of Labour’s autumn budget, more than 30 MPs have backed…

Politics LIVE: Keir Starmer urged to take 'radical change of direction' to fill black holes as MORE tax hikes on the cards

Sir Keir Starmer is coming under pressure from his own backbenchers to introduce a wealth tax to fill a black hole in public finances with the possibility of more tax hikes on the cards. New polling suggests 91 per cent of Labour party members think the Government should tax the rich more, with former senior advisors calling for the move "to head off Reform."The survey by Survation for Compass shared with The Independent, found 84 per cent of La…

Tax the rich more to fill hole in public finances, Labour members tell Starmer

Exclusive: PM urged to conduct a ‘radical change of direction’ as the government attempts to plug gaps in the public finances

What's the secret to fixing the UK's public finances? Here’s what our panel of experts would do

Unexpected growth in the UK economy isn't enough to detract from the gaping hole in the country's public finances. Speculation is ramping up about what steps the chancellor of the exchequer, Rachel Reeves, might take to plug the gap come the budget in autumn - and there are no shortage of ideas.

Labour tax plan won’t make it harder for young farmers to buy land, Hipkins says

Any capital gains or wealth tax Labour proposes before the 2026 election will be designed to avoid making it harder for the next generation of farmers to buy productive land

Labour Members Push Starmer To Tax Wealthy

Prime Minister Keir Starmer is under mounting pressure to introduce a wealth tax as his government searches for ways to plug a large hole in the nation’s finances, with new polling showing overwhelming support among Labour members for the move. A fresh survey revealed that 91 percent of party members believe the government should increase taxes on the rich, prompting calls for what some describe as a “radical change of direction” in economic pol…