Morning Call: Would a wealth tax work?
It wouldn’t be straightforward, but such a measure is possible.
Good morning, Will here.
Like a hungry passenger on an early Ryanair flight, Rachel Reeves has just been served a deeply unpleasant breakfast and she’s going to have to eat it. This morning’s fiscal gruel is served by the Office for National Statistics, which reports that the UK has borrowed £132.2bn so far this financial year (since 6 April 2024), …
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