Poverty in Britain is firmly linked to the country’s mountain of private wealth – Labour must address this growing inequality
- Written by Stewart Lansley, Visiting Fellow, School of Policy Studies, University of Bristol
Labour’s shadow chancellor, Rachel Reeves, has said that a Labour government would not raises taxes on wealth, capital gains or higher incomes. She does not, she says, see “the way to prosperity as being through taxation.”
Britain is asset rich. National wealth – a mix of property, business, financial and state assets...