In an open letter to Rishi Sunak in the run-up to the budget on Wednesday, a group of 30 British millionaires have called on the Chancellor to introduce a wealth tax on the nation’s richest people to help pay for the recovery from the Covid-19 pandemic and tackle the yawning inequality gap

The group have told the government to look at any policy that taxes wealth as a priority, ranging from the equalisation of capital gains with income tax, a review of property tax, to the introduction of a net wealth tax.