Superyacht and private jet tax could raise £2bn a year, say campaigners

Oxfam says commonsense solution' would reduce emissions and raise urgently needed climate finance

Fair taxes on superyachts and private jets in the UK could have brought in 2bn last year to provide vital funds for communities suffering the worst effects of climate breakdown, campaigners say.

Private jet use in the UK is soaring. It was home to the second highest number of private flights in Europe last year, behind only France, according to figures from the European Business Aviation Association.