Starmer says he will campaign for Burnham in Makerfield byelection – UK politics live

Rachel Reeves, the Chancellor, is announcing a cost-of-living support package including free summer bus travel for children and food tariff cuts. Labour MP Wes Streeting has called for a "wealth tax that works" by aligning capital gains tax rates with income tax rates, which he claims could raise up to £12bn annually. Treasury chief secretary Lucy Rigby responded that the government already taxes wealth through measures introduced in recent budgets to ensure progressive and fair taxation.