General · 21 May 2026
Streeting's £12bn plan: Investors' tax to match workers'
Chris McAndrew via Wikimedia Commons (CC BY 3.0)
Workers could pay less unfair tax compared with investors under plans backed by former health secretary Wes Streeting during Labour leadership tensions. Streeting said capital gains should match income tax rates and claimed the changes could bring in up to £12 billion yearly, according to reports. Andy Burnham was also mentioned as a possible leadership contender.
Reported by The Guardian · How we write briefs