It is now June and Starmer & Reeves have still not published their tax returns for the 2024/25 financial year. Something to hide?
Starmer paid £54,718 in income tax the year before. In 2025 they pair published the returns promptly along with Angela Rayner, who is obviously no longer DPM. Where is Lammy’s?
Tory chairman Kevin Hollinrake asked Treasury ministers where Reeves’ was in a parliamentary question and was told: “Returns will be published in due course.” Maybe there should be some kind of late penalty…
Andy Haldane, Burnham’s recent adviser on the economy who has not taken up a No10 job, told Andrew Marr on LBC:
“The market now suspects that this is a traditional tax-and-spend socialist government with better TikTok videos…
imposing windfall taxes on oil & gas or on banks or upping capital gains tax would […] repeat the mistake that Rachel made […] The Achilles heel, the fiscal Achilles heel of this government thus far has been its unwillingness and/or inability to cut public spending.”