News · 23 June 2026
Burnham PM: Londoners face £1,000 property tax rise
London could see property taxes rise by about £1,000 under a new government led by Andy Burnham, who is expected to replace Sir Keir Starmer as Prime Minister. This is because Mr Burnham has previously backed a land value tax to replace council tax and stamp duty, which would likely hit wealthier Londoners hardest. While the poorest tenth in the country might gain around £481 a year, the second-richest tenth could face a £991 increase.
Reported by London Evening Standard · How we write briefs