Skip to main content
To save our services simply tax the super-rich
RICHARD BURGON MP lays out a plan for taxes on the wealthy as an alternative to yet more Tory austerity
Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street, London, for the House of Commons to deliver his autumn statement. Picture date: Wednesday November 22, 2023.

IN the recent Autumn Statement, Tory Chancellor Jeremy Hunt painted a rather rosy picture of the current state of the British economy.

The impression was that our economy had bounced back and that he would now deliver tax cuts that would put money back in the pockets of working people.

But this optimistic take ignores the reality faced by millions. We are living through the largest fall in living standards since records began 75 years ago and wages are set to be no higher in 2028 than they were 20 years before.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
The skyline of Canary Wharf in London as the cold snap continues to grip much of the nation, February 14, 2021
Inequality / 14 July 2026
14 July 2026

Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills

Prime Minister Sir Keir Starmer tours Palantir Technologies headquarters with company employees and British military personnel in Washington DC, February 27, 2025
Politics / 4 July 2026
4 July 2026

Only an ambitious programme of state-led investment can restore growth and improve living standards, argues MICHAEL BURKE

Barclays, Sheffield
Britain / 20 October 2025
20 October 2025