Mrs Badenoch added: “What is more worrying is now he is flirting with Neil Kinnock’s demand for a wealth tax. Let’s be honest about what that means. This is a tax on all of our constituents’ savings – on their houses, on their pensions. It would be a tax on aspiration. Will the Prime Minister rule this out?”

Sir Keir Starmer has declined to rule out a wealth tax, after Kemi Badenoch accused the Prime Minister of "flirting" with the idea.