The head of Britain's trade union movement has urged Rachel Reeves to consider introducing a wealth tax at the Budget to raise billions for public services.
Paul Nowak called on the Chancellor to look at hitting those worth more than £10 million with fresh levies while hiking capital gains tax – insisting this would not lead to an exodus of the wealthy.
The General Secretary of the Trades Union Congress (TUC) also demanded that Ms Reeves slap a windfall tax on banks and increase levies on the gambling industry as she tries to fill a £50 billion black hole.
In a round of interviews ahead of the TUC's annual conference in Brighton next week, Mr Nowak told Ms Reeves 'not to take anything off the table' ahead of the crucial November 26 Budget and to consider 'a wealth tax'.
He said: 'I've seen first-hand the experience of the wealth tax, the solidarity tax in Spain and it raised billions of euros.
