Chancellor warned rejecting wealth tax or capital gains hike at Budget 'big mistake'

Unison General Secretary Andrea Egan warns that rejecting a wealth tax or Capital Gains Tax increase in the Budget would be a big mistake, citing public demand to fund fractured public services. Conversely, Daniel Herring argues that ruling out a Capital Gains Tax rise does not make Rachel Reeves a pro-growth Chancellor. He claims Labour's broader tax and spending policies remain fundamentally misguided, uncompetitive, and economically damaging as the government seeks necessary funding for the upcoming Budget.