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Labour calls on government to reverse £1.3bn ‘bung’ to second home buyers and landlords

LABOUR called on the government today to reverse an estimated £1.3 billion “bung” to second-home-owners and landlords. 

The party accused the Treasury of trying to sneak the announcement through after Chancellor Rishi Sunak’s summer economic update on Wednesday.

The update was blasted by Labour and trade unions for its poor targeting of financial support, leaving out many businesses and millions of people who are struggling financially during the coronavirus pandemic.

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