
Believe it or not, a huge chunk of the public is actually on board with a new wealth tax. According to a recent YouGov poll for Oxfam, more than three-quarters of Britons say they’d back the move, with the idea being that it could raise billions for public services without touching most of our wallets.
Now, Chancellor Rachel Reeves is facing mounting pressure from within her party to make it happen. Labour backbenchers and grassroots activists alike are pushing for her to slap a levy on the ultra-wealthy, especially with the Autumn Budget fast approaching, reported the Express.