Politics · 27 July 2026
Prime Minister Burnham's property tax plan could cost London £7.5 billion
Prime Minister Andy Burnham has sparked new concerns about a potential property tax that could cost London an extra £7.5 billion. He previously supported a proportional property tax to replace council tax and stamp duty, which would add about £800 to the bill for homes worth £600,000. Downing Street denies that scrapping council tax or stamp duty is being actively considered by the new government.
Reported by standard.co.uk · How we write briefs