{"id":162358,"date":"2025-10-08T21:24:23","date_gmt":"2025-10-08T14:24:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-plan-to-abolish-stamp-duty-will-benefit-london-and-the-wealthiest-the-most-uk-politics-live\/"},"modified":"2025-10-08T21:24:59","modified_gmt":"2025-10-08T14:24:59","slug":"tory-plan-to-abolish-stamp-duty-will-benefit-london-and-the-wealthiest-the-most-uk-politics-live","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-plan-to-abolish-stamp-duty-will-benefit-london-and-the-wealthiest-the-most-uk-politics-live\/","title":{"rendered":"Tory plan to abolish stamp duty \u2018will benefit London and the wealthiest the most\u2019 \u2013 UK politics live"},"content":{"rendered":"<p>&#013;<br \/>\nThe Social Market Foundation thinktank says council tax reform and a property-based tax would be more sustainable and fairerVoting in the Labour deputy leadership election opens today. Lucy Powell, the former Commons leader, is seen as the favourite and, as Jessica Elgot reports, Powell told supporters yesterday that, if she is elected, she will use the post to argue for changes in the way the government is operating. \u201cWe can\u2019t sugarcoat the fact that things aren\u2019t going well,\u201d she said.Powell is no longer a government minister and, if she is elected deputy leader, she will do the job from the backbenches. In an interview on Newsnight last night, Bridget Phillipson, the education secretary standing against Powell, said a Powell victory would be \u201cdestabilising\u201d for the party. She said:[Electing Powell] risks destabilising the party \u2026 we best achieve what we need to do together when we have those fierce conversations, including disagreements, behind closed doors.Members need to understand that there\u2019s a potential challenge around all of that \u2013 that if you\u2019re not inside when the big decisions are being made, you\u2019re not at that table, you\u2019re not in those conversations. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/politics\/live\/2025\/oct\/08\/conservative-tory-conference-kemi-badenoch-labour-keir-starmer-india-uk-politics-live-news-updates\" target=\"_blank\" rel=\"noopener\">Tory plan to abolish stamp duty \u2018will benefit London and the wealthiest the most\u2019 \u2013 UK politics live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Social Market Foundation thinktank says council tax reform and a property-based tax would be&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-162358","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-GeG","jetpack-related-posts":[{"id":60023,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/feds-powell-says-current-us-housing-finance-system-unsustainable\/","url_meta":{"origin":162358,"position":0},"title":"Fed&#039;s Powell says current US housing finance system &#039;unsustainable&#039;","date":"July 6, 2017","format":false,"excerpt":"\r Federal Reserve Governor Jerome Powell said the current housing finance system is unsustainable.\r \r Source : cnbc.com\r Read more...Fed's Powell says current US housing finance system 'unsustainable'","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/feds-powell-says-us-homebuilders-hit-by-a-perfect-storm-of-trumps-immigration-policy-tariffs\/","url_meta":{"origin":162358,"position":1},"title":"Fed&#039;s Powell says US homebuilders hit by &#039;a perfect storm&#039; of Trump&#039;s immigration policy, tariffs","date":"July 12, 2019","format":false,"excerpt":"\r Powell says homebuilders are suffering from a labor shortage and material costs, aggravated by the Trump administration's policies.\r \r Source : cnbc.com\r Read more...Fed's Powell says US homebuilders hit by 'a perfect storm' of Trump's immigration policy, tariffs","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159789,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/powell-hints-at-potential-interest-rate-cuts-what-that-means-for-homeowners-hoping-to-refinance\/","url_meta":{"origin":162358,"position":2},"title":"Powell hints at potential interest rate cuts. What that means for homeowners hoping to refinance","date":"August 22, 2025","format":false,"excerpt":"\r Fed Chair Jerome Powell hinted at potential interest rate cuts on Friday. If the slash materializes, experts say the move could be \"good news\" for mortgages.\r \r Source : cnbc.com\r Read more...Powell hints at potential interest rate cuts. What that means for homeowners hoping to refinance","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94077,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/trade-wars-hurt-the-economy-warns-powell\/","url_meta":{"origin":162358,"position":3},"title":"Trade wars hurt the economy, warns Powell","date":"July 17, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Trade wars hurt the economy, warns Powell","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/feds-jerome-powell-calls-for-housing-finance-reform\/","url_meta":{"origin":162358,"position":4},"title":"Fed\u2019s Jerome Powell calls for housing finance reform","date":"July 7, 2017","format":false,"excerpt":"\r Fannie Mae and Freddie Mac \u2018conservatorship\u2019 remains unfinished business\r \r Source : ft.com\r Read more...Fed\u2019s Jerome Powell calls for housing finance reform","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jerome-powell-has-some-curious-ideas-about-housing-finance\/","url_meta":{"origin":162358,"position":5},"title":"Jerome Powell has some curious ideas about housing finance","date":"July 7, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Jerome Powell has some curious ideas about housing finance","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162358"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=162358"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162358\/revisions"}],"predecessor-version":[{"id":162359,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162358\/revisions\/162359"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=162358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=162358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=162358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}