Shadow chancellor Rachel Reeves has ruled out any version of a wealth tax on the richest in society should Labour win the next general election.
The interview comes as Labour steps up efforts to demonstrate it can be trusted with the economy - and further distance itself from the policies of former leader Jeremy Corbyn - ahead of an election that is expected next year.
Ms Reeves also told the Sunday Telegraph her preparations for government include “spending an awful lot of time with businesses”.
But the left has said Labour should instead raise taxes, rather than lower its sights - and left-wing campaign group Momentum described the latest move as “shameful”.
Labour’s strategists are content to provoke the ire of the left, partly as a way to emphasise how far the party has changed since the Corbyn era.
The Conservatives, though, have accused Labour of taking people for fools, arguing that even the party’s existing policies would push taxes up.
The original article contains 454 words, the summary contains 161 words. Saved 65%. I’m a bot and I’m open source!
This is the best summary I could come up with:
Shadow chancellor Rachel Reeves has ruled out any version of a wealth tax on the richest in society should Labour win the next general election.
The interview comes as Labour steps up efforts to demonstrate it can be trusted with the economy - and further distance itself from the policies of former leader Jeremy Corbyn - ahead of an election that is expected next year.
Ms Reeves also told the Sunday Telegraph her preparations for government include “spending an awful lot of time with businesses”.
But the left has said Labour should instead raise taxes, rather than lower its sights - and left-wing campaign group Momentum described the latest move as “shameful”.
Labour’s strategists are content to provoke the ire of the left, partly as a way to emphasise how far the party has changed since the Corbyn era.
The Conservatives, though, have accused Labour of taking people for fools, arguing that even the party’s existing policies would push taxes up.
The original article contains 454 words, the summary contains 161 words. Saved 65%. I’m a bot and I’m open source!