EPISODE · Jul 9, 2025 · 29 MIN
Why Starmer won't rule out a wealth tax
from The Daily T
At today's PMQs, Labour leader Keir Starmer refused to rule out a new wealth tax.Leader of the Opposition Kemi Badenoch demanded a cast-iron guarantee that there won’t be an autumn Budget raid on wealth, but the Prime Minister couldn’t give one, fuelling Tory claims that a “toxic cocktail” of Labour tax rises could be on the way.Tim Stanley and Gordon Rayner are joined by Daily Telegraph Economics Reporter Emma Taggart to discuss what a potential 2% wealth tax on assets over £10 million, suggested by Labour grandee Lord Kinnock, could mean for savers, homeowners, and the British economy.And if you visit Heathrow this summer, Grammy-nominated artist Jordan Rakei has turned the airport’s everyday noises into a four-minute ambient soundscape designed to soothe travellers. But will it calm the nerves of our resident anxious flyer Tim Stanley?Producer: Georgia CoanSenior Producer: John CadiganPlanning Editor: Venetia RaineySocial Media Producer: Ece CelikVideo Editor: Will WaltersStudio Operator: Meghan SearleOriginal music by Goss Studio Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
At today's PMQs, Labour leader Keir Starmer refused to rule out a new wealth tax.Leader of the Opposition Kemi Badenoch demanded a cast-iron guarantee that there won’t be an autumn Budget raid on wealth, but the Prime Minister couldn’t give one, fuelling Tory claims that a “toxic cocktail” of Labour tax rises could be on the way.Tim Stanley and Gordon Rayner are joined by Daily Telegraph Economics Reporter Emma Taggart to discuss what a potential 2% wealth tax on assets over £10 million, suggested by Labour grandee Lord Kinnock, could mean for savers, homeowners, and the British economy.And if you visit Heathrow this summer, Grammy-nominated artist Jordan Rakei has turned the airport’s everyday noises into a four-minute ambient soundscape designed to soothe travellers. But will it calm the nerves of our resident anxious flyer Tim Stanley?Producer: Georgia CoanSenior Producer: John CadiganPlanning Editor: Venetia RaineySocial Media Producer: Ece CelikVideo Editor: Will WaltersStudio Operator: Meghan SearleOriginal music by Goss Studio Hosted on Acast. See acast.com/privacy for more information.
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Why Starmer won't rule out a wealth tax
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