Skip to main content
‘Tax the Super-Rich’ instead of slashing services, Labour told
Chancellor Reeves' planned public spending cuts will ‘open the door’ for Reform UK, McDonnell warns as campaigners get set to rally outside the Treasury
Protesters outside the Treasury this evening

TAX the super-rich instead of slashing services, Chancellor Rachel Reeves was told today, on the eve of her Commons statement, expected to announce more public spending cuts.

Campaigners from a range of charities and voluntary organisations are set to rally outside the Treasury this evening to demand a wealth tax instead of “austerity with a red rosette” in the words of a leading trade unionist.

And former shadow chancellor John McDonnell, presently suspended from the Labour whip, has warned that Ms Reeves was in danger of making Labour “just another austerity party” if she missed a last chance to change course.

The 95th Anniversary Appeal
Support the Morning Star
You can read five articles for free every month,
but please consider supporting us by becoming a subscriber.
More from this author
Former Labour Party leader Jeremy Corbyn (centre) takes part pro-Palestine march in central London, organised by a number of groups under the Palestine Coalition banner, March 15, 2025
Britain / 13 May 2025
13 May 2025
Prime Minister Keir Starmer speaking during a press conference on the Immigration White Paper in the Downing Street Briefing Room in London, May 12, 2025
Eyes Left / 13 May 2025
13 May 2025

Just as German Social Democrats joined the Nazis in singing Deutschland Uber Alles, ANDREW MURRAY observes how Starmer tries to out-Farage Farage with anti-migrant policies — but evidence shows Reform voters come from Tories, not Labour, making this ploy morally bankrupt and politically pointless

Prime Minister Keir Starmer and US President Donald Trump shake hands at a joint press conference in the East Room at the White House, February 27, 2025
Trump's Tariffs / 8 May 2025
8 May 2025
Similar stories
Protesters demonstrate as Chancellor Rachel Reeves is about
Britain / 26 March 2025
26 March 2025
Labour accused of ‘balancing the books off the backs of the poor’ in spring spending statement
Chancellor of the Exchequer Rachel Reeves attending the Make
Britain / 5 March 2025
5 March 2025
Chancellor of the Exchequer Rachel Reeves speaks during the
Editorial: / 8 October 2024
8 October 2024