Burnham floats wealth tax one day before 120 millionaires urge him to impose one

On 22 July 2026, Prime Minister Andy Burnham told a podcast his government may consider a wealth tax, citing "a greater sense of fairness." The next day, 120 UK millionaires including Gary Lineker signed a "Proud to Pay" letter urging exactly that. The Treasury welcomed the initiative but said tax changes would come only at a formal budget.