Corbyn targets 'tax-dodging wealth extractors' in election campaign

Refuses to rule out second Brexit referendum

Victoria McKeever
clock • 2 min read

Labour leader Jeremy Corbyn has promised to overturn the current tax system 'set up by the wealth extractors for the wealth extractors' in his first campaign speech towards the 2017 General Election.

Corbyn (pictured) said an elected Labour government would not play by "yesterday's rules set by a corporate elite" as he criticised the current Conservative government for safeguarding a "Britain run by the elite, the city and the tax dodgers". The Labour leader promised a clamp down on the "cosy cartels" that , he said, were hoarding the country's wealth for themselves. More specifically, he referred to a corporate elite "who hide funds in the Cayman Islands" that the Conservative party were "too scared" to confront. Corbyn promised to take wealth hidden in tax havens and "put it ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA Asks: Are you worried about losing clients to targeted support?

PA Asks: Are you worried about losing clients to targeted support?

FCA outlined targeted support plans on Monday

Professional Adviser
clock 02 July 2025 • 1 min read
Aveni forms AI advisory board with wealth management leaders

Aveni forms AI advisory board with wealth management leaders

Senior execs from Aviva’s Succession Wealth, Schroders Personal Wealth, 7IM and Rathbones join forum

Sahar Nazir
clock 01 July 2025 • 2 min read
Majority of UK wealth management sector eyes acquisitions this year

Majority of UK wealth management sector eyes acquisitions this year

Continued appetite and momentum in M&A space

Isabel Baxter
clock 30 June 2025 • 3 min read