Cabinet colleagues have previously called for an increase but chancellor feels it might ultimately cost the TreasuryUK politics live – latest updatesJohn Healey will not raise capital gains tax in next week’s budget, despite previous calls to do so from cabinet colleagues including Louise Haigh and Wes Streeting.The chancellor has decided that any increase might ultimately cost the Treasury if wealthy individuals defer the sale of assets or move them out of the country, according to Treasury sou... The Chancellor has faced a barrage of voices urging him to raise the tax, which applies to the profit made from selling off assets Key points and original sources are listed below.

• Cabinet colleagues have previously called for an increase but chancellor feels it might ultimately cost the TreasuryUK politics live – latest updatesJohn Healey will not raise capital gains tax in next week’s budget, despite previous calls to do so from cabine...S1

• The Chancellor has faced a barrage of voices urging him to raise the tax, which applies to the profit made from selling off assetsS2

• Chancellor of the Exchequer John Healey won’t increase the UK’s tax on capital gains in his budget next week, as he relies instead on a levy on bank revenues to fund the Labour government’s plans.S3