Homes and headlines
If you live or work in London you may have noticed the front page headline in Monday’s Evening Standard:
David Miliband’s tax blow to 34,000 homes in London
This was the response to the Labour leadership contender’s call for a tax on £2 million houses as part of a strategy for cutting the deficit. Miliband set the £2 million threshold as the level at which such a tax would raise as much as the Tories are cutting from the poorest on Housing Benefit.
The Evening Standard was outraged that 34,000 houses in London – 80,000 nationwide – would be hit by the tax. This week, we published an analysis of official data, showing that the Housing Benefit changes will hit more than 936,000 families, who will lose an average of £12 a week each. We gave a regional breakdown. Unfortunately, the Evening Standard chose not to lead with
Coalition’s HB blow to 160,000 households in London.
Hat tip: Next Left