As he prepares to enter Downing Street, Mr Burnham is reported to be looking at the rates of capital gains tax, which is levied on the profit made when selling an asset.

The Labour 'PM-in-waiting' has said Britain undertaxes wealth and overtaxes income

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleAndy Burnham is reportedly considering a…