Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Friday, September 11
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»UK’s deputy leader faces calls to resign after admitting not paying enough property tax
    Property

    UK’s deputy leader faces calls to resign after admitting not paying enough property tax

    September 3, 20252 Mins Read


    LONDON (AP) — Angela Rayner, the deputy British prime minister, faced calls to resign on Wednesday after she admitted to not paying enough tax on a home purchase.

    Following weeks of press speculation regarding the tax paid on her purchase of an apartment in Hove, on England’s south coast, Rayner said she has referred herself to the independent adviser on ministerial standards and that she has considered resigning.

    Prime Minister Keir Starmer offered his support to Rayner as opposition lawmakers, including Conservative Party leader Kemi Badenoch, demanded that she should quit or be sacked.

    In a statement, Rayner said a leading tax counsel had informed her she had received inaccurate advice when making the 800,000-pound purchase ($1 million) earlier this summer.

    Rayner said she “deeply regrets the error” and is “committed to resolving this matter fully and providing the transparency that public service demands.”

    In the U.K., levies are charged on property purchases, with higher charges due on more expensive homes and secondary residences. Reports have suggested that Rayner saved 40,000 pounds by not paying the appropriate levy, known as a stamp duty.

    A clearly emotional Rayner told Sky News that complications regarding “complex living arrangements” were stoked by her divorce in 2023 and by the fact that her son has “life-long disabilities.”

    “I’ve been in shock, really, because I thought I’d done everything properly, and I relied on the advice that I received and I’m devastated because I’ve always upheld the rules and always have felt proud to do that,” she said.

    Rayner, who holds the housing brief in the Labour government and has forged a reputation as one of its most forthright speakers, has often railed against those who deliberately underpay tax, particularly those in the preceding Conservative administration, which Labour replaced in July 2024.

    Starmer defended his deputy during weekly prime minister’s questions in Parliament, adding that he was “very proud to sit alongside” Rayner.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTrump family’s American Bitcoin makes stock market debut
    Next Article Trump Family’s Stake Swells To $1.46 Billion As American Bitcoin Makes Stock Market Debut

    Related Posts

    Property

    Property Franchise Group: Firm behind Yorkshire-founded Hunters hails record first half despite ‘subdued market’

    September 9, 2026
    Property

    UK house prices fall for first time since 2023, led by London and south-east | House prices

    September 6, 2026
    Property

    China’s new home-presale rules could cut land sales by 30%: Goldman

    September 6, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    China Issues Guidelines for Patent Pool Construction

    May 15, 2025
    Bitcoin

    It’s ‘Finally Here’—‘Massive’ BlackRock Bitcoin ETF Update Helps Price Suddenly Soar

    November 27, 2025
    Finance

    New FCA car finance compensation update for millions of people due payout next year

    December 3, 2025
    What's Hot

    US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case

    August 8, 2024

    Stock Market LIVE: Sensex down 700 points, Nifty breaks 24,000; IT stocks weigh, Infosys drops 2% | Markets News

    April 23, 2026

    Whistleblower gets $150,000 in settlement with County Water Utilities

    August 24, 2024
    Most Popular

    BTC edges down as FTX prepares for $1.6 billion creditor payout

    September 30, 2025

    Nasdaq, S&P 500, Dow rise toward a 5th straight day of gains to cap a rocky month

    November 28, 2025

    Int’l finance: UN urges systemic reforms to suit Africa | APAnews

    July 28, 2024
    Editor's Picks

    Property market to bounce back now Budget uncertainty over

    November 27, 2025

    Muthoot Finance injects ₹200 crore into housing finance arm for expansion

    August 25, 2025

    MicroStrategy Cash Flow Raises Some Eyebrows Amid Bitcoin Rally

    August 1, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.