Wes Streeting pledges wealth tax as part of leadership pitch

He proposes equalising capital gains tax with income tax, in a reform he estimates could raise £12bn a year.

Streeting calls for equal tax on income and capital gains in Labour leadership pitch

MP says current system is unfair and his idea would result in a ‘wealth tax that works’ UK politics live – latest updates Former health secretary Wes Streeting has set out plans for a “wealth tax that works”, by equalising tax on assets and income. Streeting said the current system – in which capital gains tax is generally much lower than income tax – was not fair and penalised work, arguing the taxes should be equalised. Continue reading...

By Alexandra Topping Political correspondent

Streeting told Starmer he will ‘challenge him’ in Labour leadership race during 16-minute Downing Street meeting

Wes Streeting has revealed that he told Sir Keir Starmer that he would challenge him for leadership of the Labour Party during their 16-minute meeting at Downing Street last week.

By Holly Bishop

Wes Streeting’s “battle of ideas”

We are getting a sense of what the former health secretary would do in government

By Megan Kenyon