Wealth creators are not a target, but the UK’s greatest economic fuel. The government won’t get anywhere before it recognises it, writes Stuart Cash

We stand at a crossroads. We can view wealth as a target, or we can recognise it as a great national resource. It is the fuel for the ambitions that build companies, create jobs and fund the public services we all rely on. Those who create this wealth aren’t creating pots of cash to be raided – they are the architects of our prosperity. Diminishing them doesn’t lift others up; it dims the lights for everyone. The path to a sustainable future for Britain isn’t paved with penalties, but with partnership.

This choice has never been more urgent. In her most recent speech, Chancellor Rachel Reeves refused to rule out tax rises, stating she must “deal with the world as I find it”. While economic stability is paramount, the government’s next move must be carefully calibrated. If the response is to further increase the tax burden on those already shouldering the load, we risk stifling the very growth we need.

The engine room of the Treasury

The contribution of high earners is often........

© City A.M.