• Business
  • Politics
  • Investing
American Investor Club
World News

Angela Rayner admits underpaying stamp duty on £800,000 Hove property

by admin September 3, 2025
September 3, 2025

Deputy Prime Minister Angela Rayner has admitted she underpaid stamp duty on the £800,000 seaside apartment she owns in Hove.

Rayner confirmed on Wednesday that she had applied the incorrect tax rate at the time of purchase, describing the error as unintentional.

Referral to the prime minister’s ethics adviser

In a statement, Rayner said she had referred the matter to the prime minister’s independent adviser on ministerial interests to ensure full transparency.

I acted in good faith but recognise that the incorrect duty was paid, and I have now taken steps to resolve this.

Political pressure mounts

The admission follows several days of media scrutiny over the transaction, which has raised questions about Rayner’s position within government.

Critics argue that the error undermines her authority as both Deputy Prime Minister and Communities Secretary, roles that involve oversight of housing and local governance. Supporters, however, insist the mistake was a technical oversight rather than deliberate avoidance.

With the issue now under review, the controversy risks distracting from Labour’s domestic agenda just months into government.

The prime minister’s office has not yet issued a formal response, but analysts believe the outcome of the ethics probe will be decisive in shaping Rayner’s political standing.

(This is a developing story.)

The post Angela Rayner admits underpaying stamp duty on £800,000 Hove property appeared first on Invezz

previous post
Oil prices slip amid reports of further OPEC+ production hikes
next post
US equipment curbs expected to weigh more on Samsung, SK Hynix than TSMC

You may also like

Is Iran war testing US-Israel alliance as costs...

March 21, 2026

Are rising debts, weak wages pushing Gen-Z out...

March 21, 2026

BOE holds rates, signals hikes as Middle East...

March 20, 2026

US jobless claims fall unexpectedly, signalling labour market...

March 20, 2026

UK lawmakers push crypto donation ban over foreign...

March 19, 2026

US wholesale inflation hits one-year high adding to...

March 19, 2026

Bank of Canada holds rates at 2.25% as...

March 19, 2026

Fed holds rates steady as Middle East war...

March 19, 2026

Evening digest: US eases shipping rules, Bitcoin slips...

March 19, 2026

Mideast turmoil exposes India’s weak LPG logistics; eateries...

March 18, 2026

    No fluff, just substance. Sign up for curated updates designed to keep you ahead.

    Curated guidance for living and investing wisely. Subscribe for expert analysis on finance, wealth management, and the life decisions that matter.

    Name Price24H (%)
    bitcoin
    Bitcoin(BTC)
    $68,311.30
    -3.44%
    ethereum
    Ethereum(ETH)
    $2,073.43
    -3.89%
    tether
    Tether(USDT)
    $1.00
    0.01%
    binancecoin
    BNB(BNB)
    $628.52
    -2.39%
    ripple
    XRP(XRP)
    $1.39
    -3.45%
    usd-coin
    USDC(USDC)
    $1.00
    0.00%
    solana
    Solana(SOL)
    $86.95
    -3.50%
    tron
    TRON(TRX)
    $0.311362
    0.81%
    staked-ether
    Lido Staked Ether(STETH)
    $2,071.99
    -3.90%
    dogecoin
    Dogecoin(DOGE)
    $0.091278
    -2.79%
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer

    Copyright © 2026 americaninvestorclub.com | All Rights Reserved


    Back To Top
    American Investor Club
    • Business
    • Politics
    • Investing
    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.