And this is the real reason the billionaire owned / funded media outlets are relentlessly hammering labour - its financial approach has gains for the lower income, and losses for the richest
a 78% windfall tax on oil and gas, VAT on private schools, a non-dom tax, and a tax on private jets.
Below is the distributional affect of Labour's Autumn Budget and the Spending Review. The bottom 90% will gain from Labour's policies (0.5% - 4.5%) while the top 10% lose 0.2% of income.
