Reeves’ budget targets London homeowners

A swirl of speculation and background briefings has left little doubt that taxes on the most expensive homes will be increased in this month’s budget. — Bloomberg

BRITAIN’S regressive and arbitrary system of local property taxation is in need of a root-and-branch overhaul – and has been for decades.

A swirl of speculation and background briefings has left little doubt that taxes on the most expensive homes will be increased in this month’s budget.