Rishi Sunak is warned not to hit Tory shires with a new property levy

Rishi Sunak was urged yesterday to resist calls to introduce a property tax amid fears it would be a wealth tax in all but name. Treasury officials have modelled a plan to scrap council tax and stamp duty and replace them with a property tax based on a percentage of a home’s value. The scheme … Read more

Tory revolt forces U-turn on homes plan for the Shires as controversial formula gets scrapped

Tory revolt forces U-turn on homes plan for the Shires: Controversial formula that MPs feared would have led to fields in the south being concreted over gets scrapped Theresa May and Jeremy Hunt led the revolt against the  planning algorithm  Housing Secretary announced algorithm had been tweaked to include the North  Conservative MPs have criticised … Read more