Torsten Bell, a recently selected Labour candidate for Swansea West, has deleted a controversial social media post advocating for a cap on Individual Savings Accounts (ISAs).

The deletion has sparked concerns about potential new taxes on savings under a future Labour government.

Bell, formerly the head of the Resolution Foundation think tank, had shared a report on savings last January, suggesting that ISAs primarily benefit wealthier individuals. “They work for the top,” he posted on X.

He…