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

PA360: Clients' lack of understanding of advice value is 'concerning'

PA360: Clients' lack of understanding of advice value is 'concerning'

‘Anyone running a business needs to offer value to their clients’

Sahar Nazir
clock 25 April 2024 • 1 min read
PA360: Advice firms 'brush over' data integrity fundamentals

PA360: Advice firms 'brush over' data integrity fundamentals

‘Your business and your people are under attack constantly’

Isabel Baxter
clock 25 April 2024 • 1 min read
PA360: The need for a financial plan 'has never been higher'

PA360: The need for a financial plan 'has never been higher'

‘It needs to be done in a different and innovative way’

Isabel Baxter
clock 25 April 2024 • 2 min read