Cutting stamp duty would increase transactions by 40%, claims agent

first_imgA London property company has claimed that a 36% reduction in the amount of stamp duty charged on house purchases could increase transactions by 40% a year and generate an extra £9 billion for the exchequer.The prediction by Mayfair-based buying consultancy Ludgrove is in reaction to Boris Johnson’s pledge during his prime ministerial campaign to reduce stamp duty and ‘get the property market moving again’.During the campaign he suggested both abolishing stamp duty on homes sold for less than £500,000 and transferring the responsibility for paying it to sellers instead of buyers.“We agree wholeheartedly with Mr Johnson’s sentiment that tax cuts can create more tax revenue,” says Fraser Slater, CEO of Ludgrove Property (left).The company’s claim that billions of pounds extra would be generated for the government’s coffers is based on both additional stamp duty revenue from increased sales, but also the boost it would give the economy indirectly.This, it claims, would increase government receipts from other taxes such as VAT and both employment and corporation taxes.“If Boris substantially reduces Stamp Duty rates across the board this will go a long way to resolving the broken market in London and The South East,” says.“A significant market-wide cut will ‘un-gum’ property chains at the top-end leading to greater liquidity throughout the market, as well as a more efficient use of the existing housing stock.“Lower transaction taxes will also encourage the conversion of dated stock to modernised rental units by investors and new housing starts by developers.” Ludgrove Property Fraser Slater stamp duty August 7, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Housing Market » Cutting stamp duty would increase transactions by 40%, claims agent previous nextHousing MarketCutting stamp duty would increase transactions by 40%, claims agentLudgrove Property in London says its financial modelling suggests that a 36% reduction in stamp duty would generate an extra £9 billion for the exchequer.Nigel Lewis7th August 201901,349 Viewslast_img read more

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Neville backs Pellegrini

first_img And Neville, talking at a Budweiser Dream Goal event in Regent’s Park, believes keeping faith in Pellegrini would bring some much-needed stability to the Etihad Stadium. “I hope they don’t change manager,” he told Press Association Sport. “I hope that Manuel Pellegrini stays at Man City and I hope he is able to correct the things that have gone wrong in the last four months. “He used the term ‘garbage’ in recent weeks when discussing City’s form and four wins in 15 games for a club like Man City is not right and I hope he stays to correct the performances and can complete the job.” A 4-2 derby defeat to United last weekend leaves City fourth in the table, with qualification for next season’s Champions League not yet assured. Just six wins since the turn of the year has seen the club drop out of the FA Cup to Middlesbrough and come up short against Barcelona in Europe for the second season in succession. Neville feels some work on the side in the summer is required but reckons the type of wholesale changes being suggested may not be the way to go. “I don’t rule anything out – in football you don’t make wild predictions,” he said when asked if the current City team will struggle to get back to their best. Manuel Pellegrini should be given the chance to turn things around at Manchester City next season, according to Gary Neville. The former Manchester United defender has been critical of Pellegrini’s side in recent weeks as the reigning Premier League champions have seen their chances of retaining the crown slip following a dismal run of form and results. But, despite the Chilean being the favourite with many bookmakers to be the next managerial casualty and Jurgen Klopp available in the summer after announcing he is to leave Borussia Dortmund, it is understood City chiefs are not entertaining the idea of replacing Pellegrini at present. “These players aren’t finished, this team aren’t finished. There needs to be some renovation to their house – the people there know that, they don’t need me to tell them. “I have spoken a lot about City over the past months. I have praised them over the last three or four years and rightly so. Some of the football I have seen them play in that time has been the best and their players have been outstanding. “They have come to a time now where they have dropped below the standard they have set. They have set a standard I have watched, commentated on and been asked to speak about. I have enjoyed when I have watched them. But now, I’m not enjoying watching them.” Dietmar Hamann, meanwhile, believes Klopp would be the ideal candidate to succeed Pellegrini should City’s owners opt for a change in the dugout. “What Klopp has done at Dortmund is second to none. If there is a shortlist at City, he should be up there,” Hamann, who played for City between 2006 and 2009, told talkSPORT. “He is very well respected, he is articulate, and he speaks very good English. He doesn’t hold back – he says what he thinks. There are no guarantees with anyone but he deserves a shot at a top club in any country. “He has got the fire, because he is a bit younger than Pellegrini, to make him aware of what is at stake every weekend. “You have got to have a relationship with the players these days or you won’t succeed and he will be very good at that. He will be very good at getting players and people on board and that is why I think he would be a success. “As I said, there are no guarantees anywhere, but I think he has got more right to take over Manchester City than Pellegrini ever had.” :: Budweiser Dream Goal, a hunt to find the nation’s best amateur goal scorers – www.budweiser.co.uk/DreamGoal Press Associationlast_img read more

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Micho names team to face Zambia and Congo Brazzaville

first_imgCranes training at Lugogo today. FUFA MEDIASaturdayUganda vs Kampala region Select XINovember 8International friendly: Uganda vs ZambiaNovember 122018 FIFA World Cup Russia Qualfier-Africa Zone: Uganda vs Congo BrazzavilleUganda coach Sredejovic ‘Micho’ Milutin has named a Cranes squad to prepare to face Zambia in a friendly on November 8 and for the 2018 FIFA World Cup Russia qualifier against Congo Brazzaville on November 12.Nineteen foreign based players who will later be joined by eleven local based players will make a total of 30 to prepare for the two encounters.While speaking at the FUFA weekly press conference in Mengo on Wednesday, Micho said that the 11 local based players will be selected from the the 22 who will feature for the Uganda Cranes in the Kampala region tour on Saturday  at the Mutesa II Memorial Stadium in Wankulukuku.Micho, who was flanked by the assistant coach Moses Basena , FUFA Communications Manager Ahmed Hussein and the sponsors Airtel Uganda and Nile Breweries Limited representative Bobkins Kibirige, said he is giving players two chances to prove their worth.“We have summoned 19 professionals and 22 locally based players all of whom have equal chances to fight for the places on the final team against Congo Brazzaville. First we have a match against the Kampala regional team at Wankulukuku on Saturday, then the Zambian friendly match,” Micho said.The team started training on Wednesday with a test match.Uganda started their World Cup campaign by holding Ghana to a goalless draw away last month.List of the foreign based playersGoalkeepers: Denis Onyango, Robert Odongkara, Salim Jamal Magola Defenders: Denis Iguma, Walusimbi Godffrey, Isaac Isinde, Murshid Juuko, Ronald Mukiibi, Mike AziraMidfielders: Shafic Batambuze,Godffrey Baba Kizito, Tonny Mawejje, Yassar Mugerwa, Moses Oloya,Khalid AuchoStrikers: Faruku Miya, Yunus Sentamu, William Kizito Luwagga and Geoffrey MassaThe 22 Local Based playersGoalkeepers: Benjamin Ochan, Ismail WatengaDefenders: Nicholas Wadada, Denis Okot , Joseph Nsubuga, Hassan Wasswa, Joseph Ochaya, Kasagga Richard , Awanyi Timoth , Halid LwaliwaMidfileders: Muzamil Mutyaba, Kizito Keziron, Sadam Juma, Shafic Kajimu,Lwesibawa Godffrey, Kayiwa Allan, Vitalis Tabu Abdul Malik,Strikers: Muhammad Shaban, Geoffrey Serunkuma, Edrisa Lubega, Erisa Sekisambu, Derrick Nsibambi.WWW.FUFA.CO.UG****[email protected] on: WhatsApplast_img read more

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Walusimbi relishes Uganda’s Cup of Nations return

first_imgKPL players Godfrey Walusimbi & Shafiq Batambuze of @OfficialGMFC & @TuskerFC_club respectively in Ugandan squad ahead of 2017 AFCON,Gabon. pic.twitter.com/xgVYnvVPK5— Ministry of Sports (@moscakenya) January 5, 2017In the final round of qualifying for Gabon, Uganda managed to win four of their six matches and finished tied on 13 points with Burkina Faso, who headed the group.Uganda’s best ever performance at the African Cup of Nations was as runner-up to hosts Ghana in 1978, but they remain a long shot among the 16 finalists in Gabon.The Cranes will come up against the Black Stars of Ghana again in the first match on January 17. The other Group D teams are Egypt and Mali.Share on: WhatsApp Nairobi, Kenya | AFP | Ugandan midfielder Godfrey Walusimbi said Friday that the Cranes’ first African Cup of Nations appearance in four decades had handed players the opportunity of a lifetime.Walusimbi, 27, and his fellow Kenyan-based defender, Shafik Batambuze were named Thursday as part of Uganda’s 23-man squad for the biennial competition which starts in Gabon on January 14.“For us Ugandans, this chance comes once in a lifetime. I cannot wait to play there and make some piece of history,” the left-footed Walusimbi, who turns out for the former Kenyan league champions Gor Mahia said in Nairobi.Uganda will play in the Africa Cup of Nations for the first time in 38 years.last_img read more

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Manchester United beat Ajax 2-0 to win Europa League

Share on: WhatsApp FT Man. Utd 2 Ajax 0: Silence, applause as Man Utd and Ajax honour Manchester victimsStockholm, Sweden | AFP |  Paul Pogba and Henrikh Mkhitaryan scored as Manchester United defeated Ajax 2-0 in Wednesday’s Europa League final in Stockholm, a match played out against the emotional backdrop of Monday’s terror attack in Manchester.France midfielder Pogba opening the scoring with a deflected 18th-minute strike before Mkhitaryan added a second just after half-time as United secured the only major trophy missing from their honours.With an average of 22 years and 282 days, the Ajax side selected by coach Peter Bosz was the youngest to ever start a major European final. Mourinho bet the house on Europa League glory Though he denied it, Manchester United manager Jose Mourinho gambled the club’s season on the outcome of Wednesday’s Europa League final against Ajax in Stockholm.Having missed out on Champions League qualification via the Premier League, he knew United must beat Ajax at the Friends Arena to secure a return to Europe’s elite competition. ***Players from Ajax and Manchester United observed a minute of reflection prior to Wednesday’s Europa League final in memory of the victims of Monday’s terror attack in Manchester.The two teams stood around the centre circle at Stockholm’s Friends Arena with their heads bowed during a brief period of silence, United’s players sporting black armbands, before fans of both sides burst into applause. Twenty-two people were killed and dozens injured after a suicide bomber targeted concert-goers leaving a performance by the American pop star Ariana Grande at Manchester Arena.“We tried our best to focus on the game. It is our job,” United manager Jose Mourinho told BT Sport before the match. “Not with the same happiness, the happiness that a great moment like this normally brings.” Ajax (4-3-3)Andre Onana; Joel Veltman, Davinson Sanchez, Matthijs De Ligt, Jairo Riedewald; Davy Klaassen (capt), Lasse Schone, Hakim Ziyech; Bertrand Traore, Kasper Dolberg, Amin YounesCoach: Peter Bosz (NED)Manchester United (4-3-3)Sergio Romero; Antonio Valencia (capt), Chris Smalling, Daley Blind, Matteo Darmian; Paul Pogba, Ander Herrera, Marouane Fellaini; Juan Mata, Marcus Rashford, Henrikh MkhitaryanCoach: Jose Mourinho (POR)Referee: Damir Skomina (SLO) Mourinho made his priorities clear in recent weeks by resting players for league fixtures, claiming United’s injury problems left him with no choice.“It was not a gamble. It was a simple decision,” said Mourinho, who picked a team with an average age of 22 years and 284 days for Sunday’s season-ending 2-0 home win over Crystal Palace.“When we lost players in a period of 17 matches in seven weeks, it was the impossible job. It was not a gamble, just a consequence of our situation.”Mourinho won the UEFA Cup, as the Europa League was previously known, with Porto in 2003, but the two-time Champions League winner was publicly dismissive of the competition – until this time.Starting line-ups: read more

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Foul Tip…Autumn Leaves

first_imgAUBREY BRUCEMan oh, man oh, man. When I arrived at PNC Park Saturday night for the Pirates, Cardinals game, the weather convinced me that autumn leaves were going to be falling, sooner than later and the timeless chant, “here we go Steelers, here we go” and a genuine NFL football game would break out any moment; complete with fur coats accompanied by a few “flasks” filled to capacity with Grand Marnier.I briefly thought that I was in the wrong ball yard. This was Heinz Field weather because it was quite nippy even without the wind chill.Anyway on Saturday my primary concern was the lack of offensive production provided for Pirates pitcher Francisco Liriano during his strong opening day performance versus the Chicago Cubs and would that lack of offense continue possibly wasting another strong pitching performance by Liriano. Another thing that concerned me was that the Buc’s had put the Cardinals on their “catch” of the day list the night before roasting the “Redbirds” on the PNC rotisserie by the score of 12-2.The over abundance of runs that the Pirates scored this past Friday was in itself a vast misrepresentation regarding their normal offensive production.One of the things that I observed about Pittsburgh before the Saturday evening game was that the Pirates appeared to be just a bit tired from the abnormal amount of base running the team did the previous evening, plus the Cardinals seemed to be just a bit ticked off at being brutalized by the 12-2 thumping.See folks, the real saying that the Cardinals believe in is not, “if you can’t beat em, join em.” No guys’ and dolls’ the bad boys from St. Louis have their own version of the old saying, it goes something like this; “if you can’t beat em the first time, use a bigger stick.”After Saturdays’ game the Pirates were scheduled to play the Cardinals 18 more times, 10 at Busch stadium and 9 at PNC Park.Liriano battled Cardinals 3rd baseman Matt Carpenter before hit a soft single to shallow left center field. He went 3-0 on Jhonny Peralta before walking him. Now remember 1st and 2nd with nobody out facing leftfielder Matt Holliday usually does not mean good things and it wasn’t. Holliday promptly singled in Carpenter.The Cardinals sent 8 men to the plate in the 1st inning! Liriano threw a slew of pitches and gave up 3 runs in the first inning!See folks never disturb a sleeping giant unless you have an AK-47 with ample ammo and a few rocket propelled grenades to back you up. You cannot give up 3 runs to the defending NL Champions and expect positive results.You can put an asterisk by the Pirates 12-2 score from the night before because it is not the norm for the Pirates to score 12 runs or for the Cardinals to score 2.Hey “yinzers” one of the elements that sets “habitual winners” like St. Louis from those who occasionally get to stand in the winner’s circle is this…The Cardinals, their fans or their city don’t get too giddy and hyped when they win a few games in a row and they don’t cry too easily in their Budweiser when they embark on a small winning streak, because when winning is the status quo, losing a few doesn’t cause you to have to take a treadmill stress test.The Pirates lost 6-1. Francisco Liriano is 0-1 and he should be 2-0. Saves are important but so are wins.Now the rubber match on Sunday afternoon represented a measure of character for the youthful Pirates squad. However, credit must be given where credit is due.Cardinals right hander Adam Wainwright who usually gives the Pirates fits was due to face Pittsburgh right hander Edinson Volquez who earlier in the week had pitched 2 innings in relief against the Chicago Cubs but that brief stint before filling his normal slot in the rotation didn’t seem to affect Volquez at all.The games was scoreless until the 4th when Pittsburgh broke through with a run and St. Louis scored their 1st run in the top of the 6th. The Pirates answered with a run in the bottom of the 7th and that was the ballgame.With great defense and an even greater pitching rotation, if the Pirates can average 4 runs a game and remain healthy, they may possibly win 100 games or more.Aubrey Bruce is the Senior Sports Columnist for The New Pittsburgh Courier and can be reached at: [email protected] or 412.583.6741412.583.6741CallSend SMSAdd to SkypeYou’ll need Skype CreditFree via Skypelast_img read more

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