Starmer fails to rule out wealth tax to bolster bottom line
However, the prime minister refused to rule out the introduction of wealth taxes when pressed by Tory leader Kemi Badenoch.
He also declined to commit to unfreezing income tax thresholds, despite the chancellor Rachel Reeves ' previous pledge to end the freeze after 2028.
The government faces increased financial pressure following recent U-turns on disability benefits and winter fuel payments, creating a significant funding gap.
The Conservative Party criticised the prime minister's stance, suggesting it indicates potential future tax rises including wealth taxes and an extended freeze on tax thresholds.
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