Boffins pitch ‘premium property tax’ on London’s £5m+ sales

Believe it or not, it's been two whole years since the stamp duty levied on properties over £2m was ramped up to the eye-watering 7% mark.

London’s luxury housing market may be having a tough time getting used to recent government shake-ups, but traditional investors will eventually return, says David Willis...

If the government were looking to boost Treasury coffers from the change to stamp duty, it looks as if they'll be sorely mistaken.