Badenoch says Healey’s budget will be worse than Reeves’s if he doesn’t slash spending – UK politics live

Conservative leader to give a speech later, while Treasury sources say Healey has ruled out a rise in capital gains tax Good morning. John Healey , the chancellor, is delivering his first budget a week tomorrow, and this morning there are two news developments that will help to frame the way it is received. The most important is on the front page of the Times, where Steven Swinford has a story firming up that has already been hinted that: that Healey has decided not to raise capital gains tax in the budget. This is significant because a capital gains tax hike was for a while seen as the…