Written Question·Treasury·UIN 24190

Poverty

Tabled: 30 April 2024
Answered: 8 May 2024

Question

Sir Mark Hendrick

Labour (Co-op)Preston

To ask the Chancellor of the Exchequer, if he will make an assessment of the implications for his fiscal policies of the report by Oxfam International entitled Inequality Inc., published on 15 January 2024.

Answer

Nigel Huddleston
Distributional analysis published at Spring Budget 2024 shows that the overall level of public spending received and tax paid by households continues to be highly redistributive. The UK has mechanisms for taxing wealth across many different economic activ...

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