menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Calls for 'wealth tax' with more funding for hospital and schools in Reeves' budget

2 0
20.11.2025

Rachel Reeves has been urged to tax the rich as she prepares to deliver her second Budget.

The Chancellor is widely expected to raise taxes on November 26 in order to fill a multibillion-pound gap in her spending plans, but is reported to have ruled out a manifesto-busting income tax hike.

Campaigners, millionaires, and public sector workers have today handed in over 575,000 petition signatures to the Treasury calling on the government to tax the super rich. This comes one week ahead of the Government’s Autumn Budget. The organisations involved are demanding the government fix public services, tackle inequality and invest in tackling climate change and restoring nature.

Patriotic Millionaires, including Economist and YouTuber Gary Stevenson, alongside a caricature of Chancellor Rachel Reeves handed a giant cheque of “tens of billions” from the super rich to public sector workers from the NHS and Fire & Rescue Service.

Laura Ho, NHS Midwife said: “It's really hard going into work each day watching our NHS bursting at the seams, with constant cut backs and burnt out staff, knowing that there are people sitting on mega-yachts with hundreds of empty properties and billions in the bank. That doesn't seem right to me. When did we decide that some people can have extreme luxury while the majority struggle?"

Organisations including Tax Justice UK, 38 Degrees and Oxfam GB, along with climate groups Greenpeace, 350, and Green New Deal Rising, and the Fire Brigades Union are advocating the Government reform the tax system. They say that doing so can raise tens of billions every year by implementing a number of changes that tax extreme wealth. The organisations argue that by taxing what they term ‘the super-rich’, the government will........

© South Wales Argus