Labour Party Tax Policy

We’re not much wiser after the Labour Party Conference in terms of tax policy details – here’s what we know so far.

Last month’s Labour Party conference produced little in the way of fresh tax policy details. Ed Balls, the Shadow Chancellor, said little new and neither did his Shadow Treasury chief secretary, Rachel Reeves. So what do we know so far?

The biggest piece of news from the conference was not on the tax front, but Ed Miliband’s promise of a 20 month freeze on utility prices to the start of 2017. This pledge served as a sharp reminder that utility company shares, long popular among income-seeking investors, are not without political risk.