Keir Starmer would bring back the 45p rate of income tax for some of the richest people in the UK and said the party now believed it could win the next general election.
The Labour leader said he would reverse the staggering tax cut announced by chancellor Kwasi Kwarteng in Friday’s mini-budget as part of wider set of measures the party would introduce in government. Speaking at the beginning of the Labour conference in Liverpool, Starmer said the tax cut was unfair because it handed millionaires a £55,000 tax cut.
Income tax is set separately in Scotland and the SNP has said it is no hurry to revise the 46p tax on those earning above £150,000 a year.
