Burnham urged to tackle inequality with policies including wealth tax

A group of prominent left-leaning economists and policymakers has proposed sweeping reforms to address economic inequality in the UK, including the introduction of a wealth tax, the abolition of the House of Lords, and the nationalization of energy infrastructure. The Compass thinktank’s report, compiled ahead of the upcoming budget, presents 70 policy suggestions aimed at reversing decades of neoliberal economic policies. Among the radical proposals are universal free personal social care and greater public control over utilities, reflecting a push to redefine economic priorities. The recommendations align with the government’s stated goal of breaking away from long-standing market-driven policies.

Key thinkers suggest other radical measures in Compass report such as free personal social care and abolishing LordsAndy Burnham should tackle inequality in the UK by introducing a wealth tax, universal free personal social care and bringing gas and electricity networks under public ownership, according to a report from more than a dozen influential thinkers.In the lead-up to the first budget of the chancellor, John Healey, this autumn, the Compass thinktank has collated 70 policy options from 15 leftwing thinkers that they argue would deliver on the prime minister’s promise to end 40 years of neoliberalism. Continue reading...