Sir Keir Starmer accuses Liz Truss and Kwasi Kwarteng of ‘taking the p***’ with a tax cut budget

Sir Keir Starmer today pledged to restore the 45p tax bracket for the UK’s wealthiest people, after accusing the Tories of ‘taking the p***’ from voters with their mini- massive tax cut budget.

Speaking ahead of the opening of the Labor Party Conference today, the Leader of the Opposition insisted the top rate paid by those earning more than £150,000 a year would come back under his government .

But he also promised to honor Kwasi Kwarteng’s decision to cut the basic income tax rate from 20p to 19p.

The normally mild-mannered party leader had lashed out after Friday’s ‘tax event’ saw income tax, corporation tax and stamp duty slashed to boost economic growth .

The cap on bankers’ bonuses was also scrapped by Chancellor Kwarteng as it brought the biggest change to the tax system in 50 years.

But after scrapping the 45p top rate of income tax paid by those earning £150,000 and over, it has been accused of only helping the super-rich at the expense of others.

He and Prime Minister Liz Truss have defended their “trickle down” approach, insisting the whole economy will benefit.

Sir Keir will open the Labor Party conference in Liverpool today and addressed campaigners last night.

He said the government’s “driving ideology” is now to “make the rich richer and do nothing for the working people”.

‘If you win a million pounds yesterday you got a £55,000 tax cut, enough to pay for a nurse,’ he said.

“It’s not runoff, it’s piss.”

This morning Greater Manchester Mayor Andy Burnham called on Labor to campaign to reverse income tax cuts ahead of the next election, telling Sky the budget was a ‘blatant act of vandalism’.

Speaking ahead of the opening of the Labor Party Conference today, the Leader of the Opposition insisted the top rate paid by those earning more than £150,000 a year would come back under his government .

The normally mild-mannered party leader went wild after

The normally mild-mannered party leader lashed out after Friday’s ‘tax event’ saw income tax, corporation tax and stamp duty slashed to boost economic growth .

The cap on bankers' bonuses was also scrapped by Chancellor Kwarteng as it brought the biggest change to the tax system in 50 years.

The cap on bankers’ bonuses was also scrapped by Chancellor Kwarteng as it brought the biggest change to the tax system in 50 years.

This morning Greater Manchester Mayor Andy Burnham called on Labor to campaign to reverse income tax cuts ahead of the next election, telling Sky the budget was a

This morning Greater Manchester Mayor Andy Burnham called on Labor to campaign to reverse income tax cuts ahead of the next election, telling Sky the budget was a ‘blatant act of vandalism’.

Sir Keir Starmer has called the economic plans drawn up by Liz Truss and Kwasi Kwarteng “bogus” and “risky”.

On the BBC’s Sunday with Laura Kuenssberg, Sir Keir said people were facing a ‘very difficult winter’ with supermarket customers ‘looking at the price of food and having to lower it again’ due to soaring costs.

“This is in the wake of 12 years of conservative failure. We have an economy that hasn’t really grown much for 12 years, we have salaries that haven’t really changed for 12 years, because they made bad decisions, they didn’t plan for the future .

“And now we have this decision on Friday to take a very risky approach to the future, driven by this ideology, this argument – a flawed argument in my view – that if you just allow the rich to get rich, one way or another, this money will trickle into the pockets of all the other of us.

When asked if Labor would reintroduce the 45% rate, he told BBC’s Sunday With Laura Kuenssberg program “Yes”.

“I don’t think the choice to have tax cuts for those earning hundreds of thousands of pounds is the right choice when our economy is struggling the way it is, working people are struggling the way they are… it’s the wrong choice,” he said.

“I would reverse the decision they made on Friday.”

But Sir Keir said he supported the government reducing the basic rate of income tax to 19p.

“I have long argued that we should reduce the tax burden on workers. This is why we opposed the National Insurance increase earlier this year, which the government is of course reversing,” he said.

Sir Keir will use the Labor conference to appeal to voters who are angry at ’12 years of failure’ under the Tories.

The Labor leader has announced plans to end reliance on fossil fuels, with all of the country’s electricity generated by renewables and nuclear by 2030.

Labor say the plan would save UK households a total of £93bn over the rest of the decade – an average saving of £475 for each household each year.

Sir Keir said the plan would also ensure the UK is not “exposed to dictators” after Vladimir Putin’s invasion of Ukraine led to the current spike in global gas prices.

The green energy revolution is being touted as an alternative path to growth after Friday’s mini budget saw Liz Truss and Kwasi Kwarteng propose a massive package of tax cuts in hopes of reviving a sluggish economy.

Sir Keir gave speeches to campaigners on the eve of the opening of the Labor conference in Liverpool to denounce the ‘shower’ in Downing Street, which he accused of ‘pissing’ by offering tax cuts to the wealthy while providing less support to the poorest households.

The Labor leader has pledged to double the amount of onshore wind, triple solar and more than quadruple offshore wind by 2030, according to details announced in The Observer ahead of the party’s annual conference.

Creating a self-sufficient, net-zero carbon electricity grid would lead to permanently lower energy bills and independence from nations such as Russia, according to Labour.

The move could also create half a million jobs and make the UK the first country to have a zero-emission electricity system.

Sir Keir said: “The British people are tired of soaring energy bills and the exposure of our energy system to dictators.”

“They want long-term solutions to reduce bills for good.”

In a speech to campaigners, Sir Keir said the Chancellor’s admission of the Conservatives’ economic failure would be hung ‘around their necks’ during the next election campaign.

He said: ‘There is a change in the air. There is an atmosphere, there is a feeling that the Labor Party is ready to deliver.

“And don’t we need change after 12 years of this downpour, 12 years of failure under this government, wages that have stagnated for 10 years, public services on their knees.”

It is already clear that the Chancellor’s mini-budget on Friday will set the dividing lines for the next general election, with Sir Keir telling Labor supporters: ‘I didn’t agree with almost everything he said in this financial statement yesterday, apart from his opening sentence, when he said there was a “vicious circle of stagnation”.

“He’s right about it and it’s their vicious cycle of stagnation. This is the verdict on 12 years of Conservative government, a vicious cycle of stagnation and we have to hang it around their necks.

The former director of public prosecutions said it was good that “someone who is caught in the act pleads guilty”.

The Labor leader’s relations with union leaders have been strained by his refusal to offer full support to the wave of strikes sparked by the cost of living crisis.

But he insisted he would lead the ‘most union-friendly Labor government you’ve ever seen’, promising a Green Paper on rights at work within 100 days of an election victory.

The conference is vital for Sir Keir to stand as an alternative prime minister to Ms Truss, with the next election due in 2024.

Sharon Graham, general secretary of the Unite union, told the BBC the Labor leader should “be bolder” in his economic policy and not “stand still” to win power.

The conference will officially start on Sunday, with tributes to the Queen and a performance of the national anthem.

Mr Burnham said it was now ‘likely’ the UK will have a Labor government within the next two years, as he spoke ahead of the Labor party conference in Liverpool this week.

The Mayor of Greater Manchester told Sophy Ridge on Sky News: ‘I would see Labor come together this week.

“Keir Starmer puts us in a position where we can win the next election.

“This is the first conference, Sophy, since we last left government where I think there is a good chance there will be a Labor government within the next year or two.

“So we are in this position and now is the time to draw battle lines with ourselves.

“The battle lines drawn by the government with us and with ordinary working people. Let’s unite and fight them in Liverpool this week.

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