Budget 2026: Which taxes will Burnham and Healey hike? Tax With interest rates on course to remain elevated and a new government keen to win over sceptical voters with cost-of-living measures, economists think tax rises at October’s Budget are all but guaranteed. But where will the new Chancellor look for revenue? Ali Lyon and Mauricio Alencar examine the most likely revenue raisers. Speak to any [...]
Gary Stevenson is right, rich people want to help Britain – here’s how to let them do it Opinion Gary Stevenson and the ‘Patriotic Millionaires’ plan for a wealth tax is the wrong way to get wealth working for Britain. Here’s three much better ideas, says Nick Finegold A fortnight ago, 120 millionaires, including Gary Stevenson and Gary Lineker, wrote to Andy Burnham asking to be taxed more. I do not doubt their sincerity. [...]
Zohran Mamdani’s socialist superstore stunt won’t help poor New Yorkers Opinion Zohran Mamdani’s plan to open five state=owned shops with subsidised groceries will make little to no difference to the lives of New Yorkers, so why are you reading about it? Ask Kristian Niemietz New York City has a population of over 8.5m people, or close to 20m if we include the wider metropolitan area, and [...]
Britain has the lowest level of millionaires since the financial crisis – and that’s no accident July 28, 2026 The number of millionaires in Britain has sunk to its lowest level since the 2008 financial crisis. Rich residents aren’t just fleeing because of policy choices like high levels of tax and the removal of non-dom status, but also a cultural hostility to wealth, says James Lawson It is no secret that the wealthy and [...]
Here’s an idea for you Gary Stevenson: a 0 per cent wealth tax July 14, 2026 Gary Stevenson’s success lies in translating a highly complicated economic problem into an emotional story people instinctively understand. The trouble is that successful communication is not really about popularity, it is about ensuring the policy underpinning the message can survive contact with a political and economic reality, says Tim Focas Eye catching, the audience wants [...]
Surely Gary Stevenson is smart enough to know a wealth tax won’t work? July 6, 2026 Britain's self-styled greatest inequality economist, surely Gary Stevenson knows his two per cent levy won't work, writes Damian Pudner.
City trader: ‘My coke dealer came to the Canary Wharf office every day at 9am’ June 18, 2026 A former star City trader has opened up about a devastating cocaine addiction that devoured hundreds of thousands of pounds – and nearly killed him. Kent Bray talks to City AM Editor Christian May about his high-flying career at Citibank and his rock-bottom drug addiction. In a remarkably candid interview Bray, who mentored YouTube activist [...]
Gary Stevenson is predictably wrong about wealth taxes May 6, 2026 Wealth taxes, as promoted by the likes of Gary Stevenson and Zack Polanski, are a terrible idea. Let’s make Britain rich instead, says Kristian Niemietz Wealth taxes are currently all the rage. Over the past few years, a massive hype has built up around the idea: 75 per cent of the public say they support [...]
Gary’s Economics predictions are unravelling January 15, 2026 The new year is a great time to check whether past predictions have stood the test of time. So I revisited the forecasts of one of London’s better-known economic sooth-sayers, Gary Stevenson, known to you and me as Gary’s Economics thanks to his viral Youtube channel. Two years ago, almost to the day, Gary released [...]
I watched Gary Stevenson debate a real economist. Here’s why he’s wrong December 9, 2025 All Stevenson’s arguments in favour of a wealth tax are based on personal anecdote. When you look at the actual evidence his case falls apart, says Oliver Dean Last week, I had the opportunity to host a debate between famed YouTuber and activist Gary Stevenson, and Dr Kristian Niemietz of the Institute of Economic Affairs. [...]