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LONDON DAILY ARCHIVE

Starmer Set to Reject Calls for Wealth Taxes

Labour leader distances party from proposals targeting the rich

05 July 2025 · 09:26 UTC

Labour leader Sir Keir Starmer is reportedly preparing to block any push for wealth taxes, signaling a centrist economic stance ahead of the next general election.

Despite internal calls for measures targeting the ultra-wealthy, Starmer has emphasized economic stability and broad voter appeal over ideological tax reform.

The move is seen as an effort to reassure middle-income voters and the business community.