Claims extracted
23
sentences that state something as happening or true
Uncertain
17%
4 of 23 hedged
("reportedly", "may", "according to")
Leaning
Leans right
of the writing, not the subject · beta estimate
Publisher signals
66/100
The Guardian's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
5
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
John 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.
asserted
Healey → raise → Haigh
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 sources.
uncertain
individuals → decide → sources
The tax is imposed on profits that individuals make when they sell assets that have increased in value, such as second homes or shares.
asserted
that → impose → homes
The decision not to increase CGT, first reported by the FT and the Times, will mean the chancellor’s main revenue raiser is likely to be raising tax on banks’ profits.
asserted
raiser → increase → profits
In a speech last month, Healey said he wanted to prioritise wealth creation without it being constantly subject to penalties.
asserted
it → say → penalties
“I recognise that the cost of business – that’s energy bills, regulation burdens, planning constraints, labour costs – have grown since Covid.
asserted
that → recognise → Covid
And I want to draw the line,” he said.
asserted
he → want → line
“And whether it is the cost of business or the cost of living, the only way we deal with these in the long term is growth.
asserted
we → deal → term
“I want to see this country as a country of wealth creation.
asserted
I → want → creation
I want our government decisions and policies to raise the levels of confidence and investment and profit in British business.”
asserted
decisions → want → business
In the race to replace Keir Starmer as prime minister, several senior Labour figures had suggested a route to equalising capital gains with income tax rates, including Haigh, now the now first secretary of state.
uncertain
figures → replace → state
Streeting, now the defence secretary, who considered running against Burnham to replace Starmer, had also suggested a rise, calling it a “wealth tax that works”.
uncertain
that → run → it
He said the current system meant a growing gap between earned income and unearned income.
asserted
system → say → income
Instead, Healey is poised to tax Britain’s banks in his budget on 28 October, amid strong earnings on the back of rising interest rates, with the UK’s four largest lenders – HSBC, NatWest, Barclays and Lloyds Banking Group – alone having generated £200bn in pre-tax profits over the past five years.
asserted
lenders → poise → years
Healey is reported to be willing to accept a reduction in the fiscal headroom left by his predecessor, Rachel Reeves.
asserted
Healey → report → predecessor
The UK’s cost of borrowing has risen sharply in recent weeks, alongside that of other big economies, which analysts have suggested could as much as halve the £24bn cushion Reeves had built up against Labour’s fiscal rules at the time of the last spring forecast.
uncertain
Reeves → rise → forecast
The Conservative leader, Kemi Badenoch, will give a speech on Tuesday saying the government should cut its spending plans instead of raising taxes, including cuts to welfare and the civil service.
“We have to stop borrowing so much.
asserted
We → give → much
But instead of doing that, Labour are taking out loans to pay the interest on our loans,” she will say.
asserted
she → do → loans
“Any family or business in that position would know they were sinking, that every attempt to borrow their way out was pulling them deeper.
asserted
attempt → know → them
The right way is to bring spending down now.
asserted
way → bring → spending
“Cuts are never easy, but they are much easier if what you are doing is based on fairness.
asserted
doing → do → fairness
Fairness to taxpayers, fairness to future generations and fairness to those who really need support.
asserted
who → need → support
Under our golden economic rule, half of the savings we have made would go to reducing the deficit.”
asserted
we → make → deficit