Streeting’s wealth tax could be very costly

LONDON, ENGLAND - MAY 13: Health Secretary Wes Streeting arrives in Downing Street for a meeting with Prime Minister Keir Starmer on May 13, 2026 in London, England. Prime Minister Keir Starmer has so far resisted pressure from several ministers who have quit and more than 80 MPs who have called for him to step down, following the Labour party's disastrous results in last week's local elections. Amid the turmoil unfolding at Downing Street, today King Charles III delivers the King's Speech during the State Opening of Parliament, outlining the government's legislative agenda for the 2026–27 session. (Photo by Leon Neal/Getty Images)

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