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      Healey’s ‘mixed messages’ on bank tax leave City blindsided

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Wes Streeting

  • An emboldened – or desperate – new government will look to wealth taxes

    June 10, 2026

    Wealth taxes are climbing back up the political agenda as the Labour party begins the process of reinventing itself for a post-Starmer era. Wes Streeting thinks he’s found “a wealth tax that works” by hiking capital gains tax while Andy Burnham is flirting with a land value tax that would naturally hit wealthy areas the [...]

  • Electoral reform could destroy the Labour party

    June 8, 2026

    Labour is playing with fire to consider electoral reform at a time when it’s share of voter support is so low, says Eliot Wilson Electoral reform is one of those issues to which most people give little thought, but for those to whom it matters, it matters a great deal. Changing the voting system for [...]

  • Starmer urged to press ahead with under-16 social media ban as decision nears

    June 6, 2026

    Keir Starmer has been urged to press ahead with a social media ban for under-16s after a group of leading doctors warned ministers not to mistake early attempts by children to bypass restrictions as evidence that such policies do not work. The intervention comes as the government prepares to decide whether Britain will introduce some [...]

  • London luxury property at mercy of Labour chaos, not Iran war

    June 2, 2026

    Labour party infighting, not the Iran war, is the primary factor shaping the ongoing slump in London’s luxury property market, experts have said.  While inflation fears caused by the Iran war had been blamed for the capital’s stagnant prime property market, speculation around the tax regime of a potential successor to Starmer is emerging as [...]

  • Streeting suggests North Sea drilling and NI cuts in latest pitch

    May 31, 2026

    Former health secretary Wes Streeting has suggested cutting national insurance and issuing new North Sea oil drilling licenses as he continues to make his leadership pitch. In an interview with the Sunday Times, Streeting set out a series of policies ahead of a potential leadership contest expected within the coming months in Westminster, including drilling [...]

  • Tony Blair is the only sensible voice left in Labour

    May 28, 2026

    After reading Tony Blair’s essay on the state of Britain (and the state of the Labour party) I was struck by the realisation that large parts of it sounded as if they’d come straight out of one of my own columns. Regular readers will know that I’ve often used this slot to point out the contradiction [...]

  • Tony Blair accuses Starmer of damaging economy by clinging to manifesto pledges

    May 27, 2026

    Sir Tony Blair has taken a swipe at Sir Keir Starmer for sticking to campaign pledges from Labour’s 2024 manifesto, which he says are economically damaging and should have been dropped “right at the outset.” In a 5,000-word essay published by his think tank, Labour’s longest serving PM pointed out that Budgets put forward by [...]

  • Wes Streeting’s capital gains tax plan risks ‘disrupting’ growth

    May 26, 2026

    Wes Streeting’s plans to align capital gains taxes while introducing an investment allowance could be “disruptive” for growth as City advisers have become divided over the benefits of sweeping reforms.  Streeting told the BBC last week that he backed a plan, first proposed by the Centre for the Analysis of Taxation (Centax) and later adopted [...]

  • ‘Economically reckless’ – Streeting calls for wealth tax ‘that works’ in pitch for leadership

    May 21, 2026

    Wes Streeting has called for a “wealth tax that works” as the former health secretary sets out his stall ahead of an expected Labour leadership contest later this year. Streeting resigned from the cabinet earlier this month and has confirmed that he would stand in a contest to oust Sir Keir Starmer, though he has [...]

  • You don’t have to be a chav to lead the Labour Party, but it helps!

    May 21, 2026

    Rather than a grand battle of big ideas or a serious debate about why this government has blundered so much, Labour’s looming leadership contest looks set to be a depressing competition to see who had the grimmest childhood, laments James Ford Did your dad have a blue-collar job?  Did you live in social housing? Did [...]

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