Owen Jones is right to identify the lack of ambition in tackling wealth inequality ( Labour must be bolder – only a wealth tax can defeat inequality, 23 March ). With the top 1% of the UK owning about 24% of the nation’s wealth, it is clear we are at risk of inequality becoming entrenched for generations. Labour’s 2017 manifesto might have been its boldest in decades, but it was not a particularly radical offer. Their plans would only have increased public spending from around 40% to 42% of GDP. This is not enough to rescue our NHS, social […]
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