UK business secretary dismisses wealth tax as ‘daft’
Jonathan Reynolds rules out targeting assets of the rich to plug growing hole in public finances
Jonathan Reynolds rules out targeting assets of the rich to plug growing hole in public finances

Think-tank says the policy is not the answer to inequality and would drive internationally mobile super-rich to leave Britain

The government must reverse an exodus of the wealthy that will harm the UK economy

How wealthy taxpayers are trying to shield their assets from an increasingly cash-strapped UK Treasury

An unpopular government cannot afford to be branded dishonest by the public

Chancellor says ‘national interest’ more important than ‘political expediency’

People close to the UK chancellor say she has begun drawing up a list of measures she may tighten in the autumn