Keir Starmer's refusal to rule out wealth tax labelled 'telling'

Continued speculation around how the Labour govt might raise revenue

Isabel Baxter
clock • 2 min read

Prime Minister Keir Starmer’s refusal to rule out a wealth tax at Prime Minister's Questions (PMQs) this week has been labelled “telling”.

When Starmer was asked twice on Wednesday (9 July) by Conservative leader Kemi Badenoch if he could rule out a tax on the wealthiest, he avoided the questions in the exchange. In the exchange, Badenoch accused Starmer of "flirting" with calls for a wealth tax and asked him to rule it out. The Prime Minister also refused to say if he would extend a freeze on income tax and national insurance thresholds. Conversations around a potential wealth tax have been raised again amid continued speculation around how the Labour government might raise revenue. Charles Russell Speechlys partn...

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Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

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