London Mayor suggests a ‘ground-breaking’ levy on housebuilders’ profits

News

Sadiq Khan has suggested a one-off 10% tax on major housebuilders' profits over the last ten years, to fund Grenfell-induced building safety improvements.

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Main image: Grenfell Tower, after the fire (image by ChiralJon, CC by SA 2.0)

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Billionares and millionaires have been asking to rent K10 Group's super-mansions - including the £75m Amberwood House in Knightsbridge and the £30m Culross House in Mayfair - prompting the developer…
News

"You still have a very long way to go to meet London’s full housing need," Housing Minister Robert Jenrick told London Mayor Sadiq Khan, "something your plan clearly and starkly fails to achieve."
News

Parliament will debate the possibility of a six-month extension to the Stamp Duty holiday after all, prompted by an online petition that has attracted over 125,000 signatures.