Economic Policy

(asked on 19th May 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make it her policy to circulate to all Ministers holding economic portfolios the article published in The Times entitled Want to help the poor? Don’t chase out the rich, published on 16 May 2025.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 22nd May 2025

Successful businesses and entrepreneurs who create jobs and wealth are the driving engine of the Government’s mission to increase economic growth. We will support them to succeed whilst making those with wealth pay their fair share toward the public finances.

That is why the Government is removing barriers to growth such as burdensome planning processes and unnecessary regulation, whilst also increasing the rates of capital gains taxation and restricting reliefs for inheritance tax that benefit some of the wealthiest estates. These and other decisions announced at Autumn Budget 2024 will help repair the public finances and fund public services such as the NHS and education.

Reticulating Splines