Overview

• Paul Nowak warns Labour risks losing voters to Nigel Farage’s Reform UK unless it delivers tangible gains for working people.
• The TUC urges a package for the Budget including equalising capital gains with income tax, a 2% annual wealth tax above £10m, a tougher bank surcharge, and higher taxes on online gambling such as a 50% rate on online casinos.
• Polling commissioned by the TUC finds strong support for the measures, including 68% backing a wealth tax, 66% for a bank profits levy, and 51% for higher capital gains tax, with even stronger support among Labour-to-Reform switchers.
• Nowak says some ministers privately favour elements like a gambling levy and higher capital gains taxes, though he expects Chancellor Rachel Reeves may not adopt the full package immediately.
• He backs progress on the Employment Rights Bill, saying guidance will include a ‘right to switch off,’ and defends Angela Rayner after she referred herself over underpaid stamp duty, condemning what he calls misogynistic attacks.