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Tax wealth or lose election, ex-May aide warns Tories

Will Tanner, formerly a senior adviser to Theresa May, says support for ‘unbridled capitalism’ will cost Tories at the polls

The Tories will lose the next election if they back “unbridled capitalism” and refuse to tax wealth to help the “struggling many”, one of Theresa May’s former advisers has warned.

Higher tax on sales of expensive homes, more rights for workers and curbs on immigration should all be backed by the Tories if they are to reach the voters who feel abandoned by globalisation, according to Will Tanner, the former deputy head of May’s policy unit.

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