UK 'Patriotic Millionaires' group lobbies PM Burnham for wealth tax

A group of 120 wealthy UK individuals, including high-profile figures, has issued an open letter urging Prime Minister Andy Burnham to implement a 2% wealth tax on assets exceeding £10 million. The group claims this measure could generate £24 billion annually to address wealth inequality. The proposal represents a lobbying effort to influence upcoming fiscal policy under the new administration.