Overview
- Zack Polanski called for a government guarantee worth £8.4bn to stop household bills rising above the April–June price cap, proposing tougher windfall taxes and equalising capital gains with income tax to fund it.
- He pledged a day-one wealth tax of 1% on fortunes above £10 million and 2% above £1 billion, which the Greens estimate could raise roughly £15bn annually.
- The package includes nationwide rent controls, scrapping Right to Buy and bringing water into public ownership as measures to cut living costs and rebalance asset ownership.
- Polanski proposed replacing the UK's fiscal rules with a panel of 'fiscal referees' and urged a rethink of the OBR, arguing this would break what he called a bond-market 'doom loop'.
- Labour and other opponents questioned the feasibility and risks of the plan, while Polanski rebuked the prime minister's attacks on his drug policy as 'disgusting' and positioned the Greens to build on recent electoral gains.