Hello and welcome to Reality Check, a new podcast with me, the Spectator's economics editor, Michael Simmons.

Each episode will cut through the spin and explain the numbers behind the noise.

I'll bring you conversations with in-the-no guests and we'll make a data-driven case on a story hogging the headlines.

From inflation to tax,

immigration, crime and all the numbers in between.

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What do we want?

Where do we want it?

Tax the rich is only fair.

Five for billionaires to share.

Hello, we're outside the Treasury where a group today is protesting against millionaires and say that the super rich need to pay a higher share of tax.

I'm Michael Simmons. Welcome to Reality Check.

Hey, Rachel.

I want to know if you're tax a rich.

Hi there. My name's Hannah. I'm from Green Deal Rising. We're a movement of young people

and we're campaigning for a fairer, safer future and part of that future, we think, is

creating a sustainable economy. And so we're calling on Rachel Reeves to introduce a series

of wealth taxes in the upcoming budget so that we can raise really necessary revenue for public services

for NHS, for hospitals, for schools, but also to tackle the climate crisis. You know, a lot of

the young people who are here today, they're living in a world that is likely to be harder than, you

know, what their parents experience. They're coming out of university with tens of thousands of pounds worth of debt.

...