Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Mayor of London says tariff could be paid over next ten years
The mayor of London has called for a £3bn levy on housebuilders to pay for the cost of necessary fire safety work on high rises in the wake of the Grenfell tragedy.
Sadiq Khan said a one-off 10% tax on the £30bn of profit made by listed builders over the last decade would raise £3bn that would stop homeowners from facing “extortionate” bills to rectify unsafe homes.
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