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United Kingdom·Trade & Economy

Thinktank urges UK Prime Minister Burnham to adopt wealth tax and public ownership to tackle inequality

Wednesday, 9 September 2026, 06:33 · 1 min read

A report by the Compass thinktank has called on UK Prime Minister Andy Burnham to adopt a sweeping package of reforms to address inequality, including a wealth tax on net assets above £10 million, universal free personal social care, and the return of gas and electricity networks to public ownership. The report, compiled from the ideas of 15 left-leaning thinkers, also proposes equalising capital gains tax with income tax, replacing council tax and stamp duty with a proportional property tax, and capping political donations at £50,000. Its authors warn that Burnham — who succeeded Keir Starmer as prime minister — must resist pressure toward political "moderation and orthodoxy" and move quickly to demonstrate that his pledge to end four decades of neoliberalism is genuine, or risk losing public trust.

Sources
The Guardian — Burnham urged to tackle inequality with policies including wealth tax ↗︎
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