Britain’s unearned wealth has ballooned – a modest capital tax could help avoid austerity and boost the economy
- Written by Stewart Lansley, Visiting Fellow, School of Policy Studies, University of Bristol
Canary Wharf in London.I Wei Huang/ShutterstockInheriting the worst set of public finances for decades, Labour was always going to face an uphill struggle trying to fund improvements to the UK’s public services.
Inflated debt and recent hikes in the cost of borrowing mean the government is faced with stark choices. For it will be difficult...
