Andy Burnham facing pressure to raise council tax on Britain’s most expensive homes

The Greater Manchester leader is facing calls to increase taxes on high-value properties, with separate mansion tax proposals targeting homes worth over £2 million.

Justin Tomlinson

Editor-in-Chief, Mora Discover

2 sources
Andy Burnham facing pressure to raise council tax on Britain’s most expensive homes

Andy Burnham is facing growing pressure to raise council tax on Britain's most expensive properties. Under separate proposals for a mansion tax, homes valued at more than £2 million could face annual bills of £7,500.[1][2]

The tax debate comes as Burnham, the former mayor of Greater Manchester, stands on the threshold of No 10. He faces a challenging political landscape that includes tough climate decisions, high energy prices, and calls for reindustrialisation and North Sea drilling.[1]

Environmental pressures are also mounting, highlighted by recent wildfires that cast a pall of smoke over Greater Manchester. These events coincide with three UK heatwaves this year that have resulted in thousands of deaths across England and Wales.[1]

Related stories

Global tech stocks decline amid chip sell-off and Netflix revenue forecast
Global tech stocks decline amid chip sell-off and Netflix revenue forecast
The Guardian

Global tech stocks decline amid chip sell-off and Netflix revenue forecast

Global tech stocks fell on July 17, 2026, as chip equipment maker ASML dropped 4.6% and mortgage rates rose amid renewed Middle East tensions, driving the Stoxx Europe 50 down about 1% [source]. The sell-off stems from ASML’s cautious 2026 growth outlook due to tariff uncertainty and geopolitical risks, which triggered broader semiconductor weakness and pressured tech investors like Prosus [5][11][12]. Creators and brands in tech-dependent sectors should reassess exposure to chip-related supply chains and consider hedging against further volatility before the August 1 tariff threat materializes [11][13].

Apple dethrones Nvidia to regain title of world’s most valuable company
Apple dethrones Nvidia to regain title of world’s most valuable company
The Guardian

Apple dethrones Nvidia to regain title of world’s most valuable company

Apple overtook Nvidia on Friday, July 17, 2026, to reclaim the title of the world’s most valuable company with a market valuation of approximately $4.88 trillion, while Nvidia fell 3.5% to roughly $4.86 trillion[1][2]. This shift signals that investors are reassessing the artificial intelligence outlook, moving attention beyond pure infrastructure leaders like Nvidia toward companies with strong AI agendas and lighter capital spending models like Apple[1][2]. Creators and brands should monitor Apple’s upcoming July 30 earnings report and its full AI strategy rollout as key catalysts that may further influence platform trends and consumer tech adoption[1][10].

DHS Faces Scrutiny After Three Fatal ICE Encounters
DHS Faces Scrutiny After Three Fatal ICE Encounters
St. Paul Pioneer Press

DHS Faces Scrutiny After Three Fatal ICE Encounters

Markwayne Mullin is facing his first major test as Homeland Security secretary after 3 people were killed in encounters with ICE officers.

Synthesized from 7 sources