Press response to Mansion Tax proposals
Tue 23 Sep 2014
Peter Rollings, CEO of Marsh & Parsons, comments: "The only spanner in the works for the UK housing market now could be undue government interventions. Labours Mansion Tax proposals would not only injure Londons international reputation and prestige as a city open for business and investment, but would lumber the capitals homeowners with an even weightier tax burden and potentially stifle the market. Any policy initiatives should concentrate on nurturing the embryonic buds of growth outside of London, rather than drastically pruning back healthier branches of the market."