Billions of taxpayer’s cash spent subsidising the lavish lifestyles of landlords could be clawed back through a “Robin Hood tax for renters,” campaigners said yesterday.

Generation Rent research has revealed that the private landlords driving rising rents effectively receive £26.7 billion a year in government subsidies.

That means the property hoarders are costing every British household £1,011 — enough for a top-of-the-range TV or family holiday to Spain.