A wealth tax is a direct levy on an individual’s total net assets – things like property, investments, cash, and other ...

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.

The creation of a wealth tax to close the growing hole in Britain’s public finances has been denounced as “daft” by UK business secretary Jonathan Reynolds, the first senior minister to publicly rule ...

Jonathan Reynolds has rejected “daft” calls for a wealth tax from Left-wing Labour MPs as the Treasury faces pressure to fill ...

It is the first time a Government minister has explicitly ruled out a wealth tax since plans to cut disability benefits were ...

Labour MPs Richard Burgon, Imran Hussain, Bell Ribeiro-Addy, Kate Osborne, Kim Johnson and Ian Byrne have sponsored the ...

Rachel Reeves is set to reject introducing a wealth tax despite pressure from left-wing MPs in the Labour Party ...

The super-rich are cancelling property purchases amid fears of a wealth tax, experts have said. Rachel Reeves is under ...

Sky's Gurpreet Narwan says while there is support within Labour for a wealth tax, the government will be mindful to avoid a ...

Britain is one of the most unequal countries in the OECD. The richest 10 percent of households hold 43 percent of all the ...