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Telegraph

Reeves’s wealth raid backfires as stamp duty revenue drops £140m

Telegraph
Summary
Nutrition label

67% Informative

Nervousness around how the Chancellor would target wealth deterred investors from buying homes worth more than 5 m.

Research by Knight Frank , the estate agents, found there was a shortfall of 107 property sales worth between 5 m and 10 m between March and October .

For properties worth over 10 m, the shortfall of 35 sales equated to 140.3 m in stamp duty revenue.

VR Score

73

Informative language

73

Neutral language

72

Article tone

semi-formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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