Starmer faces cabinet revolt over Budget tax rises driving wealthy away

"Sir Keir Starmer's cabinet is deeply divided over economic policy, with senior ministers fearful further measures to target the rich in next month's Budget could accelerate the wealth exodus from Britain. Cabinet ministers have told the The Independent they believe Rachel Reeves has already gone too far with measures targeting the wealthy and businesses, and have urged the chancellor to change course if she is to have any hope of achieving growth."

"They cited anti-aspiration measures such as the abolition of non-dom status and VAT on private school fees as key drivers of wealth away from the UK, saying they are harming this country. Further measures reportedly being considered include a property tax on high-value homes and a new bank profits tax. Ministers have instead urged the prime minister and Ms Reeves to consider efficiency savings and cuts to fill a Budget black hole estimated to be between 30bn and 40bn."

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Coverage spans reproductive rights, climate change, and Big Tech, supported by on-the-ground reporting and investigative projects including documentaries that highlight American women fighting for reproductive rights. Donations enable continued field reporting and maintain open access by avoiding paywalls, with funding expected from those who can afford to support quality journalism. In UK politics, Sir Keir Starmer's cabinet faces deep divisions over economic policy as senior ministers warn that further measures targeting the wealthy could accelerate wealth leaving Britain. Proposed alternatives focus on efficiency savings and spending cuts to address an estimated Budget gap of £30bn–£40bn.

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