Evening Standard: Treasury research has revealed there could be 40,000 homes in London hit by a “mansion tax”. The data emerged after a Conservative Treasury minister claimed homeowners affected by the levy on properties valued above £2 million would on average foot a £35,000 bill.
Full story: http://www.standard.co.uk/news/politics/mansion-tax-could-hit-40000-homes-in-capital-says-minister-8695430.html