Prime Minister Keir Starmer has suggested that individuals who earn additional income from stock holdings may not be considered as 'working people.'

This statement implies a potential change in tax policy, as Starmer seems open to the idea of increasing taxes on investors. In an interview with Sky News, Starmer clarified his definition of working people, indicating that those who receive income from shares or property may not fall into this category.

His government has consistently promised not to raise taxes on what he defines as working individuals, explicitly ruling out increases in income tax, national insurance for employees, and value-added tax. This position may indicate a broader approach to taxation under Starmer's leadership, particularly regarding wealth generated from investments, as he aims to distinguish between traditional workers and those who benefit from capital income.