Just imagine The Chancellor giving this speech to introduce the Fair Contribution Levy

Here is a draft speech suitable for a Chancellor, Treasury Minister, or Prime Minister to deliver in Parliament or at a press briefing:

Speech: A Fair Contribution to Secure Britain’s Future

Speaker: Chancellor of the Exchequer

Location: House of Commons / Press Conference

Date: xxx

Colleagues,

Today I want to speak plainly about the future of our economy—and the responsibility we have to protect it.

Our public services are under pressure. The NHS, education, housing—every one of them is vital. And each one of them costs money. We inherited challenges, yes—but we also inherited the responsibility to lead.

Now, we face a simple question: how do we fund the future without placing further strain on working people?

The answer is clear. We ask a little more from those with the most.

Today I’m announcing a new measure—the Fair Contribution Levy.

This is not a broad wealth tax. This is a targeted, time-bound levy on extreme wealth—those with net assets over £10 million. Just 20,000 people. That’s 0.03% of the population. And it will raise around £24 billion a year—without causing hardship to a single family.

Let me be clear: this is not about punishment. It’s about partnership.

It’s about ensuring those who have gained most from our economy also help sustain it.

This levy will help fund:

• More doctors and nurses in the NHS

• New affordable housing in communities across the UK

• Investment in children’s education and well-being

We are introducing this with safeguards—for businesses, for entrepreneurs, and for asset-rich, cash-poor households. There will be exemptions, deferrals, and fairness built into every line.

Because this is not just about balancing books. This is about balancing values.

So to those who will contribute: thank you. You are helping rebuild a Britain that works for everyone—not just a privileged few.

To the public: know this—we will never ask those with the least to pay more while the very wealthiest are protected.

This is what fairness looks like. This is how we lead. And this is how we rebuild Britain—together.

Thank you.