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24 September 2014

Labour’s mayoral frontrunners criticise Ed Miliband’s mansion tax

13 per cent of the UK’s population live in the capital, but 90 per cent of the properties that would be affected by the mansion tax are in London. 

By Tim Wigmore

For all the focus on what Ed Miliband forgot to say in his speech, his new proposal of a new mansion tax on homes over £2m to fund extra spending on the NHS is extremely popular: a YouGov poll finds that it is supported by 72 per cent of people. But the frontrunners to be Labour’s candidate for Mayor of London in 2016 were not among them.  

A revealing moment in a fringe event yesterday evening during Labour party conference on the future of Labour in London – an ill-disguised early hustings event – concerned attitudes to the mansion tax. The speakers – Andrew Adonis and Margaret Hodge, who are both tipped to stand, as well as David Lammy, who has already declared, and the outsider candidate Christian Walmar – were asked to raise their hands if they were in favour of the idea. None did so.

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