The Labour leader said the move by the Bank of England to launch a temporary bond-buying programme to prevent material risk to UK financial stability was 'very serious'. More here:
Why has the pound fallen to a record low?"If it were us, it would never have gone down this road in the first place," said Sir Keir.
"The idea of unfunded tax cuts for those at the very top inflicting price increases on working people, and anxieties about mortgage and pensions, is something that we would never contemplate as a Labour government." Asked if he would consider a wealth tax to fund his own policies, Sir Keir said his team were"looking at what is a fair taxation approach" for those who earn their cash from stocks, shares, and dividends.
"I think there's a lot of thought that if you earn your income through wages, you pay a certain rate, but if you earn it through stocks and shares and dividends, you pay a different rate," he said.He also promised if Labour got into power, it would stick by"very clear fiscal rules" and"every single spending commitment [would be] fully costed".
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