Sir Keir Starmer has failed to rule out extending so-called “stealth taxes” – as well as the introduction of a wealth tax – as his government struggles to balance the books following his recent U-turns.
The prime minister reiterated that Labour would stick to its manifesto pledge and ruled out increases to income tax, VAT and national insurance, but he did not confirm whether the government was planning to lift the freeze on income tax thresholds in 2028.
