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Savers and those with assets face being hit with tax rises in next week’s budget after Sir Keir Starmer suggested they are “not working people”. Labour’s manifesto ruled out putting up rates of income tax, employee National Insurance or VAT and said that “working people” would not pay more tax. However, there has been speculation on who actually counts as a “working person,” and at which point a person’s wealth means they are not covered by the manifesto pledge. In the Sky News interview, Starmer defined a working person as somebody who “goes out and earns their living, usually paid in a sort …

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