Notifications can be managed in browser preferences.

Swipe for next article

Lord King, who ran the Bank of England for ten years, said problems will not be resolved by ‘just adding another wealth tax’

I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice

Rachel Reeves’ former boss has suggested the government does not have a “coherent” tax strategy, amid reports the chancellor is considering a mansion tax in next month’s Budget.