Thursday 22, March 2012 by Robin Amlôt

The Osborne Ultimatum

UK Finance Minister George Osborne has just made it more expensive for you to buy that luxury pad in the centre of London… the Chancellor the Exchequer (read Finance Minister) recently delivered his annual Budget speech in the UK (21 March). Among the various measures meant to keep the leaky UK ship of state afloat was an increase in Stamp Duty Land Tax with immediate effect on residential properties that are worth more than £2 million ($3.17 million).