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Evening Standard
Evening Standard
National
Nicholas Cecil

Budget 2026: Wealth tax would make London 'worst place' among well-off countries to own property

London will become the worst place among well-off countries to own a property if John Healey introduces a wealth tax, a new report is warning.

The Chancellor was told that such a new levy would make the UK the most expensive place to own a home among countries in the Organisation for Economic Co-operation and Development.

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