UK Prime Minister Keir Starmer reaffirmed his commitment to Labour's manifesto pledge not to increase VAT, income tax, or National Insurance contributions during Prime Minister's Questions on July 9, 2025. However, he declined to rule out extending the freeze on income tax and National Insurance thresholds, a policy that effectively raises tax revenues through fiscal drag by pushing millions of people into higher tax brackets. This freeze, initially introduced by the Conservative government, is currently set to expire in April 2026. Starmer also refused to rule out the introduction of a wealth tax when questioned by Conservative MP Kemi Badenoch, leaving the possibility open without providing further details. The Prime Minister emphasized that the government would adhere to its manifesto commitments but did not provide specifics on the upcoming Budget or confirm whether the tax thresholds freeze would be lifted.