George Osborne is a walking ad for a wealth tax. Labour should target the inheritocracy | Polly Toynbee

Tax wealth, not work' would be a powerful message for Starmer and Reeves - are they bold enough to pursue it?

Now he's retired from casting millions of people into poverty, George Osborne has become another flaunting, flamboyant example of a fast-growing phenomenon: the wealth he was born with sticks to him and accumulates.

A windfall" for Osborne, says the Financial Times. He took a share of the 70m profits last week as partner in a boutique financial advisory firm. But windfall isn't quite the word. It's more like a salary, though less taxable: he took his share of 28m last year, 26.5m the year before and so on, alongside a string of other finance jobs, including cryptocurrency.

Polly Toynbee is a Guardian columnist