Labour MPs press Keir Starmer to set out ‘wealth tax’ plans

Leader under pressure to commit to higher taxes for super-rich as Tory government prepares spending cuts

The Labour leader, Keir Starmer, is under pressure from campaigners, unions and his own MPs to set out plans for wealth taxes" on the richest in society in order to support public services and help the poorest through the cost of living crisis.

As the government prepares to cut spending to fill an estimated 35bn black hole in the nation's finances, calls are growing for higher taxes on the super-rich, many of whom have seen their fortunes soar during the pandemic.