Starmer Says Growth Focus Is Why Labour Doesn’t Plan Bank Tax
- Starmer reassures banks on taxes in Bloomberg interview
- Labour will prioritize growth rather than raise more taxes
Keir Starmer, on June 29.
Photographer: Tom Skipp/BloombergThis article is for subscribers only.
Keir Starmer said Labour’s focus on growth means the party isn’t planning to raise taxes on Britain’s banks, as the opposition leader sought to reassure the financial industry less than a week before an election expected to make him prime minister.
“Nothing in our manifesto requires tax rises, over and above the ones we’ve already set out,” Starmer said in an interview with Bloomberg on Saturday. “It’s not just a question of tax, it’s also because the focus is on growth,” he said.