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Now Keir Starmer refuses to rule out introducing a wealth tax

City A.M. Wednesday, 9 July 2025 ()
Now Keir Starmer refuses to rule out introducing a wealth taxKeir Starmer has refused to rule out a wealth tax, a day after the fiscal watchdog said unfunded spending commitments on welfare put the public finances under intense pressure.  The Office for Budget Responsibility (OBR) gave a damning verdict of the state of public finances in a comprehensive report published on Tuesday, warning that “unfunded” [...]
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News video: Starmer refuses to rule out wealth tax in Commons

Starmer refuses to rule out wealth tax in Commons 00:58

Sir Keir Starmer declines to rule out a wealth tax after Kemi Badenoch accuses him of “flirting” with the idea. The prime minister avoids a direct answer, instead defending Labour’s economic record and criticising past Tory policies. Badenoch warns such a tax would hit savings, pensions and...

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