Our Common Wealth: A Citizens' Wealth Fund for the UK

Article

A declining labour share of national income, together with unequal capital ownership, mean wealth inequality in the UK has risen and is set to rise further.

This policy paper sets out why a Citizens’ Wealth Fund, a sovereign wealth fund owned by and run in the interests of citizens, would help address this problem by transforming a part of national private and corporate wealth into shared net public wealth. It sets out how such a fund could be capitalised, and proposes that the income generated should be used to provide a ‘universal dividend’ to all young people. In this way the rising returns to capital, and the opportunities derived from wealth, can be more fairly distributed across society.

Related items

  1. A primary school classroom. In the foreground are pots of pencils and rulers and water bottles. Children in blue school uniform are blurred in the background

    The IPPR Inclusion Taskforce

    Our new inclusion taskforce will focus on reforming England's failing special educational needs and disabilities (SEND) system.
  2. Southport high street on a sunny day. A colourful selection of people out shopping and some planters full of flowers

    Places to come together: Rebuilding local solidarities against the far right

    A discussion paper on the fight for local investment and why government must create, facilitate and maintain spaces where solidarity might thrive.
  3. A young woman with a long ponytail sits looking out of a bus window

    State of the North 2025 - The kids aren't alright: How to deliver for young people in the North

    This year’s State of the North report highlights how regional inequality exacerbates the growing challenges facing many young northerners.