Title

FINANCE

Boris is duty bound

Boris Johnson has called on the Government to let City Hall retain the annual £1.3bn of stamp duty from property sales in the capital.

London mayor Boris Johnson has called on the Government to let City Hall retain the annual £1.3bn of stamp duty from property sales in the capital, to help build one million homes by 2030.

In a keynote speech to the Chartered Institute of Housing on 6 February, Mr Johnson laid out a shopping list of requests for tackling the capital's housing shortage, stating it could no longer rely on a ‘planning-led' system.

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