The Chancellor, John Healey, will not raise income tax, National Insurance or VAT in today's Budget, according to reports. The BBC, relayed by Newscord, says the government has promised not to raise the three taxes. The BBC describes the pledge as a self-imposed constraint.
Brit Brief lists the same three taxes as ruled out. Both the BBC and Brit Brief point to a bank levy as the probable main tax-raiser.
Whether capital gains tax rises are also off the table is less clear. AFP, in a report carried by France 24, says analysts see rises in income tax and CGT as ruled out.
MoneyWeek's live page carries the heading 'Capital gains tax rises off the table', but the text beneath it does not say that. It says two cabinet ministers, Louise Haigh and Wes Streeting, have called for CGT rates closer to those on income tax. It also says the Chancellor was reportedly looking at higher CGT rates.
There has been no Treasury confirmation on CGT rates. All of these measures remain reports until the statement is delivered in the Commons.