Corbyn targets 'tax-dodging wealth extractors' in election campaign

Refuses to rule out second Brexit referendum

Victoria McKeever
clock • 2 min read

Labour leader Jeremy Corbyn has promised to overturn the current tax system 'set up by the wealth extractors for the wealth extractors' in his first campaign speech towards the 2017 General Election.

Corbyn (pictured) said an elected Labour government would not play by "yesterday's rules set by a corporate elite" as he criticised the current Conservative government for safeguarding a "Britain run by the elite, the city and the tax dodgers". The Labour leader promised a clamp down on the "cosy cartels" that , he said, were hoarding the country's wealth for themselves. More specifically, he referred to a corporate elite "who hide funds in the Cayman Islands" that the Conservative party were "too scared" to confront. Corbyn promised to take wealth hidden in tax havens and "put it ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

News editor's view: Let's give it up for the small advice firms

News editor's view: Let's give it up for the small advice firms

The news editor's Friday Night Takeaway from 22 May

Isabel Baxter
clock 22 May 2026 • 4 min read
Women more likely to seek professional financial advice – research

Women more likely to seek professional financial advice – research

Twenty percent of women likely to seek advice

Sophia Panayi
clock 22 May 2026 • 2 min read
The expectation gap: Why suitable advice can still fail the client

The expectation gap: Why suitable advice can still fail the client

'The industry is moving from suitability, to understanding and now to expectation management'

Elly Dowding and Lee Coates
clock 22 May 2026 • 4 min read