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 ...

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

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

The business secretary has said the idea of a “magic wealth tax” to raise funds is “daft” amid speculation that the ...

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

A wealth tax will make Britain poorer and accelerate the exodus of the wealthy, says Matthew Lynn.

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

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

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