The government published its formal response to the HCLG Committee report on land value capture last Thursday. The headline is a rejection of any new statutory levy on land uplift, with ministers instead pointing to the reformed Infrastructure Levy as the primary mechanism. There is a brief acknowledgement that the current system under-captures value but no commitment to further legislation this session.
https://committees.parliament.uk/work/hclg-land-value-capture-response
Worth reading alongside the draft Commonhold Bill scrutiny for anyone tracking the broader direction of housing policy.