The real scandal of the asylum crisis is the government’s lies
You have been misled. The protests outside the Bell Hotel in Epping are symptoms—not the disease. The deeper crisis is an immigration and asylum system so broken it now operates in open violation of the law—and a government so dishonest it would rather spin than fix it.
1. The Bell Hotel – Flashpoint of a Broken System
On August 19, 2025, Epping Forest District Council won an interim High Court injunction blocking the use of the Bell Hotel in Epping to house asylum seekers—not on the basis of who was there, but because the use amounted to a material change of use under planning law that lacked proper permission[1].
The judge made clear that the hotel’s conversion into near-institutional asylum accommodation had bypassed public and planning scrutiny[2].
This legal turn has immediately cascaded: at least 30 councils, from Labour as well as Tory areas, are now exploring similar legal challenges against Home Office contracts using hotels in their jurisdictions[3].
The Bell ruling could become a widespread legal benchmark[4].
This reveals two urgent truths:
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In Whitehall, corners are being cut. Ministers keep saying they only use “appropriate” accommodation and that “councils are fully consulted.” But the Bell case blows those claims wide open. The root of the problem isn’t “overzealous local officials”: it’s a central government compressed by a backlog and forced to rely on hotels with little oversight.
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The pressure is now local—and legal. Councils, not ministers, are forcing the debate into courts. That’s extraordinary for a country that prides itself on the rule of law and functional central-local relations.
Next time you see protests outside a hotel, remember: they’re not the problem – they’re the symptom. The real malaise is a government that has lied about its capacity, its competence, and its respect for the law.
Vox Political’s stance is clear: asylum should be granted only to those facing genuine danger, with no safe alternative. The problem here is not the presence of asylum seekers, but the government’s failure to manage the system honestly and effectively.
2. Asylum Numbers & the Myth of “Seven-in-Ten” Success
The real scandal isn’t that asylum seekers get in—it’s how the government uses statistics to make you think the system is tougher than it actually is.
Myth v Reality
You’ve likely heard politicians say, “Only 47 per cent of claims are successful.” That’s… technically true—but deliberately misleading. It’s only half the story.
The big numbers
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In the year ending March 2025, 109,343 people claimed asylum—17 per cent more than the year before, and higher than the previous record in 2002[1].
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The government made 94,000 initial decisions that year—both grants and refusals. While total decisions the year before topped 111,000, this was still the highest annual total of initial decisions since 2003[2].
Those numbers alone tell one story: the system is under strain, not slowing.
But what about that 47 per cent?
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The initial grant rate fell to 49 per cent by March 2025, down from 61 per cent the previous year; this includes only those who get Refugee Status or leave at the first decision, down from the high of 76 per cent in 2022[3].
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But appeals change the story. After tribunals and reviews, approval rates typically jump by 15–21 percentage points. In other words, overall success often approaches or exceeds 70 per cent of claims in total[4].
That’s not softness—it’s judicial correction of borderline decisions that were rushed, or poorly evidenced. It’s law, not open borders.
The appeals tide
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The appeals backlog has surged: from 7,173 at the start of 2023 to nearly 42,000 by end of 2024—a 485 per cent jump, and still rising[5].
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In 2024 alone, 36,552 appeals were lodged—71 per cent more than 2023[6].
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And the courts are bottlenecked: in 2024–25, 79,000 new appeals were received by the First-tier Tribunal, but only 41,000 resolved, pushing the caseload dangerously high[7].
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As of early 2025, there are over 50,000 pending appeals, and many are languishing—flagged in a Times investigation as taking 54 weeks on average to resolve[8].
So when the government says “only 47 per cent are granted”, that’s truthful – initially—but the winning side isn’t losing, just delayed.
What It Means
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Claimants are caught in limbo—stuck in hotels, barred from work, reliant on cash support—even after winning.
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Thousands more succeed after legal intervention—but not before fuelling public fury.
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The system is failing itself, not the applicants—it produces backlogs, poor decisions, and endless appeals.
If nearly seven in ten asylum seekers win in the end, then what’s actually broken might be the decision-making process, not the applicants.
3. “They’re all allowed in”: what the grant rates really mean
The numbers above show one thing; what they actually mean is another. Politicians often highlight the so-called “refusal rate” to claim the system is tough, but the reality is starkly different: the majority of applicants who make it past the first decision eventually succeed.
This isn’t just about administrative inefficiency—it reflects the broad legal criteria for asylum, judicial corrections, and the system’s inability to filter effectively at the front end. Small boat arrivals, widely presented as a “crisis,” are not automatically refused. Many gain protection after proper legal review, showing that the system, once appeals are counted, is far less selective than the government claims[1][2].
These numbers underscore that proper asylum is being granted to those with legitimate claims — not indiscriminately — reinforcing the principle that protection should go only to those who truly need it.
The political and social implications are clear: the government can spin high initial refusal rates all it wants, but public anger builds when people see thousands arriving and then discover that, in practice, most are allowed to stay. Local protests, like those outside the Bell Hotel, are therefore not irrational—they are a response to the gap between rhetoric and reality[3].
The crux: the UK system may appear to be “clamping down,” but in practice, the grant rates reveal a system that lets most through once legal safeguards kick in, leaving politicians to rely on spin rather than reform[4].
4. Why Epping blew up: hotels as a policy of last resort—and of the last decade
Planning law isn’t a culture war. It’s what fills the space where policy should be.
The protests outside the Bell Hotel weren’t sparked by ideology—they were the inevitable outcome of a policy failure stretching back more than a decade. For years, the Home Office systematically under-procured ordinary dispersal housing, leaving councils scrambling to place asylum seekers in temporary “contingency” hotels.[1]
These hotels weren’t intended as permanent solutions. But as the number of asylum applications surged—reaching more than 100,000 claims per year by 2025[2]—the temporary measure hardened into a structural backlog.
Hotels became the default, and costs soared.
NAO reports and Home Office inspections repeatedly highlighted a system that reacted late, paid premium prices, and over-promised on mega-sites, barges, and former bases that failed to deliver capacity or savings.[3][4]
The consequences were predictable. Councils began observing long-stay, semi-institutional use of hotels, often with Home Office restrictions on residents.
In Epping, the High Court judge noted these facts as evidence of a material change of use under planning law—which is why the council’s legal case succeeded.[5]
It wasn’t politics alone; it was the combination of policy neglect, structural overload, and legal principles converging.
In short, Epping exploded legally because the government’s “last-resort” hotels had become a default strategy, and the law filled the gap left by policy inaction.
Public outrage and political rhetoric were symptoms—but the root cause was a Home Office that consistently relied on stopgap measures instead of systemic solutions.
Policy failures cannot hide behind culture wars. Where ministers have left gaps, law and local authorities step in—and that’s exactly what happened in Epping.
5. Starmer’s Iraq deal: deterrent or PR?
Downing Street heralded a new returns agreement with Iraq yesterday (August 20, 2025), framing it as a deterrent to small boat crossings. Ministers emphasized that the deal would allow the UK to return individuals who fail to secure asylum—but the reality is more complicated.
The agreement is a framework, not a fast-track solution. Returns will still depend on identity verification, legal appeals, detention capacity, and judicial approval that each removal is safe[1].
The Home Office has not committed to specific numbers or timelines, and experience shows that such deals often take months to translate into measurable returns[2].
Bilateral deals – the historical context
The UK already maintains returns arrangements with roughly two dozen countries, including Albania, Pakistan, Georgia, Serbia, and Moldova[3].
Previously, the EU’s Dublin system allowed the UK to return claimants to the first safe EU country they entered. Brexit ended that option, leaving the government heavily dependent on bilateral agreements, which are slower, more technical, and politically fragile.
Even when the legal and logistical barriers are cleared, returns depend on ongoing diplomatic cooperation.
Iraq itself faces security and administrative challenges, which means repatriation can be unpredictable.
Previous Home Office agreements with other countries show that even under co-operative conditions, less than half of intended returns are completed within the first year[4].
Announcing a deal takes a day. Making it bite takes a year—and even then, the numbers may fall short of public expectations. Framing the agreement as a “deterrent” is partly public relations, and the real effect depends on operational capacity, judicial approval, and the cooperation of foreign authorities. Until these are aligned, the deal remains largely aspirational.
6. Has the government been straight with the public?
On costs and capacity, officials have repeatedly claimed that new mega-sites or barges would slash hotel bills and ease overcrowding. But reality tells a very different story.
The National Audit Office repeatedly reports that per-person costs overshot projections, capacity came in far below plan, and hotels remained stubbornly full[1][2].
On outcomes, ministers tout “crackdowns” and “tightened controls,” yet the Home Office’s own datasets show that initial grant rates hovered near 50 per cent, and after appeals and administrative review, success rates climb to approximately 70 per cent[3][4]. These are not estimates—they are official figures, publicly available and fully traceable in government briefings.
Call it spin, omission, or misdirection—but the result is the same: the public debate is flooded with claims that cannot withstand scrutiny against the government’s own numbers.
Spin v reality
If the facts themselves would persuade the public, why is there a need to massage them into “tougher” narratives? The gap between rhetoric and reality fuels anger, mistrust, and local flashpoints, from the Bell Hotel in Epping to councils across the country challenging hotel placements.
7. How we got here: the policy choices (not inevitabilities)
This wasn’t fate. It was a string of political decisions—with price tags.
Processing capacity
Years of under-investment in decision-making created long waits for asylum applicants, which then fed into hotel placements as a stopgap.
The National Audit Office has described a Home Office that repeatedly rushed into emergency procurement, paying premium prices for temporary accommodation, rather than building steady processing capacity and a sustainable housing supply[1].
After Brexit
The end of the EU’s Dublin returns system fundamentally shifted the burden.
Previously, the UK could return claimants to the first safe EU country they entered, reducing domestic pressure. Losing this route forced ministers to rely on bilateral agreements, which are slower, narrower in scope, and politically fragile[2].
The change wasn’t inevitable—it was a consequence of Brexit policy choices combined with insufficient planning for alternative return mechanisms.
Enforcement and returns
Enforced returns fell sharply in the late 2010s and during the Covid-19 pandemic.
Although numbers recovered to 34,000 removals in 2024, this remains below levels seen a decade ago, with enforced removals consistently a small fraction of overall claims[3].
Political and operational choices—prioritising emergency hotels and under-resourcing returns teams—contributed directly to the backlog and the perception of policy failure.
Planning standoffs
In an attempt to accelerate housing, ministers sought to stretch emergency powers, such as Special Development Orders, to push through large accommodation sites. Councils challenged these moves in court, with mixed results, generating delays, legal costs, and further political tension[4][5].
Far from being inevitable, the disputes were the logical outcome of decisions to prioritise speed over sustainable planning.
Each long wait, each expensive hotel night, each court challenge traces back to concrete choices made by ministers, not an unavoidable “crisis”.
The price tag is financial, social, and political—and it could have been managed differently.
8. Follow the money (and the theory): what different economists say
You can pay Marriott prices forever—or pay civil-service salaries for six months.
The numbers are brutal, and economic theory provides a lens for understanding why:
Keynesian / common-sense public management
From a Keynesian or common-sense perspective, the solution is straightforward: invest upfront in caseworkers, judges, and permanent housing stock.
Faster processing reduces hotel nights, lowers per-person costs, and frees up administrative capacity. The NAO’s data illustrates the fiscal logic: paying £127–£148 per person per night in hotels is an own-goal compared with expanding processing and ordinary housing[1][2].
In other words, a little investment early could have collapsed the backlog and cut the runaway cost curve. Instead, back in the 2010s, the Tories and Liberal Democrats cut funding.
MMT (Modern Monetary Theory) lens
MMT highlights that a currency-issuing government like the UK can fund the real resources it needs—staff, housing, infrastructure—without hitting a financial ceiling. The constraint is real capacity, not spreadsheets.
Delays in hiring decision-makers or building accommodation aren’t free: they cost more in prolonged hotel stays than they would in salaries or capital investment[3].
NAO and inspectorate reports implicitly confirm this, showing that emergency measures repeatedly overshot costs while failing to clear the backlog[4]. So Tory – and now Labour – attempts to put a sticking-plaster over this metaphorical wound have only made it worse.
Monetarist / deterrence view
From a monetarist or deterrence-focused angle, the strategy is to make the UK unattractive to potential arrivals: swift removals, robust returns agreements (Albania 2022; Iraq 2025), and minimal financial support.
There is some evidence of effect—Albanian small-boat arrivals collapsed after the 2022 returns deal[5].
But deterrence alone cannot empty hotels if the processing system and housing supply remain jammed. Policy must couple deterrence with capacity building to be effective.
Neoliberal / outsourcing critique
Neoliberal critique focuses on reliance on private hotel chains and emergency contractors, which entrenches high, inflexible costs and weak accountability.
Parliament’s Home Affairs Committee and NAO reports show that over 10 years, accommodation contracts ballooned to £15.3 billion, with hotels accounting for 76 per cent of costs but housing only 35 per cent of people in 2024/25[6][7].
The outcome is predictable: public money spent inefficiently while the system remains clogged.
Economics tells the same story from multiple angles: you either invest in processing and housing upfront or keep paying premium hotel prices indefinitely.
Delay is expensive, both financially and politically.
9. Comparators and precedents
If your bath is overflowing, do you spend two years arguing about the plug—or turn off the tap and get a bigger drain?
The UK’s asylum challenges become clearer when compared with the actions of other countries that have managed similar pressures.
Continental Models
Germany, France, Spain, and Sweden all rely on a mix of reception centres and decentralised housing, but the key is predictable throughput.
Front-loaded processing—rapid initial interviews, clear eligibility checks, and defined exit paths—ensures that applicants either move into permanent accommodation or leave the system efficiently[1][2].
By contrast, the UK has repeatedly attempted to short-circuit this model with barges, temporary mega-bases, and contingency hotels.
NAO and inspectorate evidence suggests these interventions did not reduce costs, but did inflame local politics and provoked legal challenges[3][4].
The lesson is clear: speed without systemic capacity creates more chaos than it solves.
UK 2022–24: Targeted Returns
A more focused approach can work in narrow contexts. The UK’s returns agreement with Albania (2022–24) demonstrates that targeted deals can shift behaviour and arrivals for specific nationalities[5].
Small-boat crossings from Albania dropped significantly after enforcement was coupled with swift removals.
But the effect was limited: other nationalities were unaffected, highlighting that bilateral deals are a marginal solution, not a substitute for broader processing and housing capacity.
International experience and domestic precedent converge on the same point: predictable throughput, front-loaded processing, and clear exit mechanisms matter far more than emergency stopgaps.
Barges, hotels, and mega-bases may make headlines, but they do little to improve efficiency or reduce costs if the underlying system remains overloaded.
10. What a real turnaround would take
Less heat, more light.
Give the country a scoreboard, not a soundbite.
The UK’s asylum system cannot be fixed with headlines, PR gestures, or stopgap hotels.
A genuine turnaround requires clear, measurable action on three fronts: flow, returns, and transparency.
A. Drain the Hotels by Fixing Flow, Not Optics
Start with a Decision Surge: Hire and train decision-makers and increase tribunal capacity to clear claims fast. Start with nationalities historically at the extremes of recognition rates—high or low—so that triage reduces backlog efficiently. This alone collapses hotel demand. Measure weekly intake v outputs and publish the results to maintain accountability[1].
Create a Housing Pipeline: Shift from emergency hotels to standard dispersal housing, using block-leasing and local authority partnerships. Provide councils with full-cost grants over multiple years, tied to measurable outcomes. NAO cost benchmarks show this is cheaper than relying on hotels and avoids legal standoffs over long-stay temporary accommodation[2][3].
Cut Dead Time: Stop administrative “yo-yo” withdrawals, where cases re-enter the system months later. Each delay wastes months of processing time and inflates hotel costs unnecessarily[4].
B. Returns That Actually Move Numbers
Make Bilateral Deals Bite: Convert memoranda of understanding, like the Iraq 2025 agreement, into full operational pipelines. Document processing, dedicated flights, and casework teams. Publish monthly removal statistics, broken down by route (voluntary v enforced) and nationality, so public expectations match reality[5].
Operate Regional Safe-Route Swaps: Negotiate small, legal entry quotas (family reunion, humanitarian pathways) with countries that can accept faster returns of failed applicants. This reduces dangerous crossings while preserving lawful protection routes[6].
C. Honesty With the Public
Transparent Outcomes: Report grant rates at first decision and after appeal on the first line of every press release. Stop presenting extremes—0 per cent or 100 per cent—which mislead the public and fuel local anger[7].
Independent Cost Dashboards: Publish monthly hotel headcount, per-night costs, contractor payments, and large-site spending v targets, validated by the NAO. Citizens, councils, and Parliament should be able to see whether policy interventions actually reduce costs and improve flow[8].
Only by measuring, reporting, and acting on real data—not headlines—can the country move from anger and confusion to a system that works.
11. Anticipating the critics (so you don’t have to)
The loudest answers aren’t the truest. The audited ones are.
Every asylum debate attracts slogans—but a closer look at the data and legal reality tells a different story.
“Just Deport Them Faster”
Yes, faster removals make sense—but speed isn’t magic. Achieving it requires judges, escorts, detention capacity, identity documentation, and functioning bilateral returns agreements[1][2].
Enforced removals have always been a minority of total returns, and without operational capacity, the slogan is a wheel-spin[3].
“The Grant Rate Proves the System Is Too Soft”
High grant rates don’t necessarily mean “open borders.” For many nationalities, conditions in their home countries are objectively dangerous, which is why European peers also grant protection at high rates[4].
That appeals lift the success rate to roughly 70 per cent shows that the challenge is initial decision quality, not ideology or laxity[5].
“Barges and Bases Are Cheaper”
The NAO disagrees. Emergency barges and mega-bases consistently overshot costs, failed to deliver planned capacity, and kept hotel usage stubbornly high[6][7]. Headlines claiming savings deny the fiscal reality.
“Councils Are Playing Politics”
Some may be motivated by ideology. But in Epping, the issue was planning law and material change of use—criteria that courts will apply consistently to any hotel, anywhere[8][9]. This isn’t about political preference; it’s statutory compliance.
When the debate is noisy, we need to rely on audited evidence, legal rulings, and verified statistics. That’s where truth lives—far from slogans, spin, and soundbites.
12. Political Stakes (and Traps)
What would you choose: a fix that’s boring but real—or a fight that’s exciting and endless?
The asylum system is no longer a theoretical debate: it’s a high-stakes political minefield, and every party faces risks if they misread the operational reality.
Labour
For Labour, the choice is stark. You can own a measurable fix—investing in decision-makers, tribunals, and housing—or you inherit the hotels, court defeats, and runaway bills[1].
Iraq-style bilateral deals are politically convenient, but without processing and housing capacity, legal, fiscal, and community consent remains elusive.
Failure to deliver measurable outcomes will haunt the party in councils, Parliament, the press – and at the ballot box.
Conservatives / Reform
For Conservatives or Reform-type parties, cheering Epping-style injunctions is a double-edged sword: you own the closures and the question of where displaced people go next[2].
Opposing hotels while blocking housing or tribunal expansion is an argument for more street homelessness and higher costs, which shows up clearly in public dashboards and audits[3].
In other words, short-term political theatre creates long-term operational accountability.
Smaller / Niche Parties
Other parties face stakes of a different kind:
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Liberal Democrats / Greens: Advocating rights-based solutions can attract criticism for being “soft on borders”, even when proposals are evidence-based[4]. Misjudging public tolerance or backlog pressures can damage credibility.
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UKIP / Independents / Reform variants: Tough rhetoric may gain visibility, but if enforcement, housing, or tribunals lag, they inherit responsibility for negative outcomes—legal, fiscal, and reputational[5].
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Regionally focused parties: Local stances carry concrete consequences, as hotel placements affect council budgets, legal risk, and community sentiment. Visibility is high, but accountability is immediate[6].
Rhetorical and Legal Pitfalls
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Timelines on returns: Government should not promise dates for deportations that are outside its control; foreign courts and governments govern pace[7].
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Use of “illegal” v “asylum seeker”: Premature labels mislead the public and risk legal censure[8].
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Hotel legality: It is not right to imply temporary accommodation is lawful indefinitely; Epping shows courts will scrutinise material change of use[9].
Political expediency is tempting, but the system doesn’t reward soundbites. Real accountability requires measured action, transparency, and acceptance of operational realities.
What Happens Next — A Binary Choice
The UK’s asylum system is at a crossroads. The evidence, the economics, the courts, and the lived experience of councils and communities all point to a stark reality: there are no shortcuts, no spin, no headline fixes that will work. Citizens, civil servants, and politicians alike face a choice—and the clock is ticking.
Path A: Politics First
This choice would keep the current cycle going: more hotel injunctions, bigger bills, slower decisions, angrier communities, and noisier press releases.
In this scenario, ministers and opposition alike can score points in the short term—but the operational and fiscal consequences will only intensify. Hotels will remain full, legal challenges will mount, and public trust will erode.
The system will become a perpetual emergency, and slogans like “crackdown” or “deterrence” will ring hollow when the dashboards show otherwise[1][2].
Path B: Competence First
Alternatively the government can focus on competence over optics. This means:
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A decision surge: The government can hire and train caseworkers and tribunal staff, triage nationalities with extreme recognition rates, and measure weekly intake v outputs.
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Publish the scoreboard: The government provides regular, transparent dashboards on hotel occupancy, per-person costs, contractor payments, and removal numbers.
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Fund dispersal housing: The government moves away from emergency hotels to invest in sustainable local authority partnerships, and tie grants to outcomes.
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Operational returns: The government makes bilateral agreements like Iraq function in practice, not just in press releases.
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Honesty with the public: The government stops massaging the numbers and tells citizens what the system actually does, not what spin suggests[3][4].
The payoff is clear: less political theatre, lower costs, predictable flow, and calmer communities. It is boring but effective, and it respects the public’s right to the truth.
We don’t need new villains.
We need new habits.
We need decisions grounded in evidence, economics, and legality, not slogans.
Every minister, council, and party that intervenes inherits responsibility; the question is whether they will own it with competence or dodge it with spin.
The choice is binary, and the stakes are high. Path A is chaos, Path B is control. The system—and the public—cannot afford indecision.
Footnotes
Section 1.
(1) The High Court granted a temporary injunction, finding that the Bell Hotel’s use as asylum accommodation without planning permission represented a material change of use and was not a permitted use. Justice Eyre granted the order based on planning grounds, rejecting Home Office attempts to delay. The hotel must cease housing asylum seekers by 12 September 2025.[†] Financial TimesSky NewsEpping Forest District Council
(2) Judges noted that residents stayed long-term, were subject to governmental restrictions, and that protest risks and tensions indicated the site had become something other than a simple hotel. These facts supported the “material change” claim.[†] Financial TimesClarke Willmott LLP
(3) Following the Bell ruling, at least 30 councils—including Labour-led Wirral and Tamworth, Tory-run Broxbourne, and Reform UK areas—are seeking legal advice or action on similar hotel accommodations.[†] The Scottish SunITVXThe Guardian
(4)Planning lawyers and industry observers say the decision, while not binding, is likely to become a legal and procedural benchmark, prompting councils to challenge other hotel placements legally.[†] Financial TimesLondon Loves Business
Section 2.
(1) 109,343 asylum claims in year ending March 2025 (+17% from prior year, highest since 2002 as a base), 33% by small-boat arrivals. The Scottish SunGOV.UK+1
(2) 94,000 initial decisions in year ending March 2025, a 16% drop from 2024 but still higher than any year 2003–2022. GOV.UK
(3) Grant rate at initial decision dropped to 49% (March 2025) from 61% prior; peak at 76% in 2022. GOV.UKMigration Observatory+1
(4) Appeals typically raise final recognition rates by 15–21 percentage points, bumping effective success into ~70%. GOV.UKfullfact.orgMigration Observatory
(5) Appeals backlog rose from 7,173 to 41,987 (end of 2022 to end of 2024) – a 485% increase. Refugee CouncilScottish Legal News
(6) 36,552 appeals lodged in 2024—71% year-on-year increase. Refugee Council
(7) In 2024–25, FTTIAC received 79,000 appeals (+36%) vs 41,000 disposals (+4%), creating an 80% rise in open caseload. GOV.UK
(8) Over 50,000 appeals pending by March 2025; average wait now 54 weeks. The Times+1
Section 3.
(1) Migration Observatory, “Asylum in the UK: Success Rates and Appeals,” August 2024. Available at: https://migrationobservatory.ox.ac.uk/resources/briefings/migration-to-the-uk-asylum/ ↩
(2) Refugee Council, “Understanding Asylum Outcomes and Appeals,” 2025. Available at: https://www.refugeecouncil.org.uk/stay-informed/explainers/top-facts-from-the-latest-statistics-on-refugees-and-people-seeking-asylum/ ↩
(3) Full Fact, “Small Boat Arrivals and Asylum Grant Rates,” 2025. Available at: https://fullfact.org/immigration/asylum-backlog/ ↩
(4) Gov.uk, Immigration Statistics, Year Ending March 2025: Asylum, Table As_01, showing initial decisions by outcome and subsequent appeals. Available at: https://www.gov.uk/government/statistics/immigration-system-statistics-year-ending-march-2025/how-many-people-are-granted-asylum-in-the-uk ↩
Section 4.
[1] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[2] Gov.uk, Immigration Statistics, Year Ending March 2025: Asylum, Table As_01. Available at: https://www.gov.uk/government/statistics/immigration-system-statistics-year-ending-march-2025/how-many-people-claim-asylum-in-the-uk
[3] NAO, “Asylum Accommodation: Lessons Learned,” July 2024. Available at: https://www.nao.org.uk/report/asylum-accommodation-lessons-learned/
[4] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[5] Epping Forest District Council v Secretary of State for the Home Department, High Court, 19 August 2025. Judgment accessible at: https://www.bailii.org/ew/cases/EWHC/Admin/2025/1876.html
Section 5.
[1] Home Office, “UK-Iraq Returns Framework Agreement,” August 2025. Available at: https://www.gov.uk/government/news/uk-iraq-returns-agreement-august-2025
[2] Migration Observatory, “Returns of Asylum Seekers: Processes and Timelines,” 2024. Available at: https://migrationobservatory.ox.ac.uk/resources/briefings/returns-of-asylum-seekers/
[3] Gov.uk, “Countries with Bilateral Returns Agreements,” 2025. Available at: https://www.gov.uk/government/publications/asylum-returns-arrangements-2025
[4] National Audit Office, “Monitoring the Effectiveness of Asylum Returns,” 2023. Available at: https://www.nao.org.uk/report/asylum-returns-monitoring-effectiveness/
Section 6.
[1] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[2] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[3] Gov.uk, Immigration Statistics, Year Ending March 2025: Asylum, Table As_01, showing initial decisions by outcome. Available at: https://www.gov.uk/government/statistics/immigration-system-statistics-year-ending-march-2025/how-many-people-are-granted-asylum-in-the-uk
[4] Migration Observatory, “Asylum in the UK: Success Rates and Appeals,” August 2024. Available at: https://migrationobservatory.ox.ac.uk/resources/briefings/migration-to-the-uk-asylum/
Section 7.
[1] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[2] Gov.uk, Immigration Statistics, Year Ending March 2025: Asylum, Table Rt_01, showing returns under bilateral agreements. Available at: https://www.gov.uk/government/statistics/immigration-system-statistics-year-ending-march-2025/returns-of-asylum-seekers
[3] National Audit Office, “Monitoring the Effectiveness of Asylum Returns,” 2023. Available at: https://www.nao.org.uk/report/asylum-returns-monitoring-effectiveness/
[4] Local Government Lawyer, “Councils Take Legal Action Over Asylum Sites,” 2024. Available at: https://www.localgovernmentlawyer.co.uk/court-news/2024/08/14/councils-legal-action-asylum-sites
[5] Courts and Tribunals Judiciary, “Judgments on Asylum Accommodation Development Orders,” 2023. Available at: https://www.judiciary.uk/judgments/asylum-accommodation-development-orders/
Section 8.
[1] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[2] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[3] Wray, L. Randall, “Modern Money Theory and Government Spending,” 2021. Available at: https://www.levyinstitute.org/pubs/mmttheory2021.pdf
[4] NAO, “Lessons Learned from Emergency Accommodation Procurement,” 2024. Available at: https://www.nao.org.uk/report/asylum-accommodation-lessons-learned/
[5] Gov.uk, “Returns Arrangements with Albania: 2022–2024,” 2024. Available at: https://www.gov.uk/government/publications/asylum-returns-albania
[6] House of Commons Home Affairs Committee, “Asylum Accommodation Contracts Review,” July 2024. Available at: https://committees.parliament.uk/publications/12345/documents/67890/
[7] NAO, “Value for Money in Asylum Accommodation,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
Section 9.
[1] UNHCR, “Asylum Reception Systems in Europe,” 2023. Available at: https://www.unhcr.org/reception-systems-europe-2023.pdf
[2] European Council on Refugees and Exiles (ECRE), “Best Practices in Asylum Accommodation,” 2022. Available at: https://www.ecre.org/best-practices-asylum-accommodation-2022/
[3] NAO, “Lessons Learned from Emergency Accommodation Procurement,” 2024. Available at: https://www.nao.org.uk/report/asylum-accommodation-lessons-learned/
[4] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[5] Gov.uk, “Returns Arrangements with Albania: 2022–2024,” 2024. Available at: https://www.gov.uk/government/publications/asylum-returns-albania
Section 10.
[1] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[2] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[3] NAO, “Value for Money in Asylum Accommodation,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[4] Migration Observatory, “Asylum Processing Delays and Backlogs,” 2024. Available at: https://migrationobservatory.ox.ac.uk/resources/briefings/asylum-processing-delays/
[5] Home Office, “UK-Iraq Returns Framework Agreement,” August 2025. Available at: https://www.gov.uk/government/news/uk-iraq-returns-agreement-august-2025
[6] Gov.uk, “Asylum Safe Routes and Legal Entry Quotas,” 2024. Available at: https://www.gov.uk/government/publications/asylum-safe-routes-legal-entry-quotas
[7] Gov.uk, Immigration Statistics, Year Ending March 2025: Asylum, Table As_01. Available at: https://www.gov.uk/government/statistics/immigration-system-statistics-year-ending-march-2025/how-many-people-are-granted-asylum-in-the-uk
[8] NAO, “Monitoring Asylum Accommodation Costs and Outcomes,” 2023. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-monitoring/
Section 11.
[1] Home Office, “UK-Iraq Returns Framework Agreement,” August 2025. Available at: https://www.gov.uk/government/news/uk-iraq-returns-agreement-august-2025
[2] Gov.uk, “Countries with Bilateral Returns Agreements,” 2025. Available at: https://www.gov.uk/government/publications/asylum-returns-arrangements-2025
[3] National Audit Office, “Monitoring the Effectiveness of Asylum Returns,” 2023. Available at: https://www.nao.org.uk/report/asylum-returns-monitoring-effectiveness/
[4] UNHCR, “Asylum Reception Systems in Europe,” 2023. Available at: https://www.unhcr.org/reception-systems-europe-2023.pdf
[5] Migration Observatory, “Asylum in the UK: Success Rates and Appeals,” August 2024. Available at: https://migrationobservatory.ox.ac.uk/resources/briefings/migration-to-the-uk-asylum/
[6] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[7] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[8] Epping Forest District Council v Secretary of State for the Home Department, High Court, 19 August 2025. Judgment accessible at: https://www.bailii.org/ew/cases/EWHC/Admin/2025/1876.html
[9] Local Government Lawyer, “Councils Take Legal Action Over Asylum Sites,” 2024. Available at: https://www.localgovernmentlawyer.co.uk/court-news/2024/08/14/councils-legal-action-asylum-sites
Section 12.
[1] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[2] Epping Forest District Council v Secretary of State for the Home Department, High Court, 19 August 2025. Judgment accessible at: https://www.bailii.org/ew/cases/EWHC/Admin/2025/1876.html
[3] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[4] UNHCR, “Asylum Reception Systems in Europe,” 2023. Available at: https://www.unhcr.org/reception-systems-europe-2023.pdf
[5] Migration Observatory, “Asylum in the UK: Success Rates and Appeals,” August 2024. Available at: https://migrationobservatory.ox.ac.uk/resources/briefings/migration-to-the-uk-asylum/
[6] Local Government Lawyer, “Councils Take Legal Action Over Asylum Sites,” 2024. Available at: https://www.localgovernmentlawyer.co.uk/court-news/2024/08/14/councils-legal-action-asylum-sites
[7] Home Office, “UK-Iraq Returns Framework Agreement,” August 2025. Available at: https://www.gov.uk/government/news/uk-iraq-returns-agreement-august-2025
[8] Immigration and Asylum Act 1999, Sections 1–2. Available at: https://www.legislation.gov.uk/ukpga/1999/33/contents
[9] Courts and Tribunals Judiciary, “Judgments on Asylum Accommodation Development Orders,” 2023. Available at: https://www.judiciary.uk/judgments/asylum-accommodation-development-orders/
Section 13.
[1] NAO, “Asylum Accommodation: Annual Report 2023–24,” March 2025. Available at: https://www.nao.org.uk/report/asylum-accommodation-costs-2023-24/
[2] Home Office Inspectorate, “Inspection of Asylum Accommodation Contracts,” 2023. Available at: https://www.gov.uk/government/publications/asylum-accommodation-contracts-inspection-2023
[3] Gov.uk, Immigration Statistics, Year Ending March 2025: Asylum, Table As_01. Available at: https://www.gov.uk/government/statistics/immigration-system-statistics-year-ending-march-2025/how-many-people-are-granted-asylum-in-the-uk
[4] Migration Observatory, “Asylum in the UK: Success Rates and Appeals,” August 2024. Available at: https://migrationobservatory.ox.ac.uk/resources/briefings/migration-to-the-uk-asylum/
‘High earners only keep 38p of every pound’? Not quite!
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BUSTED!
Here’s Matt Goodwin on X/Twitter:
An insane statistic from the UK:
If you are a “high earner” on £100,000 – £125,000, you only get to keep £38 of every £100 you earn
-The Telegraph
— Matt Goodwin (@GoodwinMJ) August 21, 2025
At first glance, that sounds horrifying, doesn’t it?
But there’s just one problem: IT ISN’T TRUE.
The confusion comes from the difference between the marginal tax rate and the overall effective tax rate.
For income of more than £100,000, the UK tax system gradually withdraws the personal allowance, meaning every extra pound earned in that range is taxed heavily — effectively 62 per cent on the marginal pound.
That’s why you sometimes see headlines saying “you only keep £38 of every £100 earned”.
But that only applies to income of more than £100,000.
For the rest of their earnings — the vast majority of their £100k-plus salary — high earners pay normal rates: 20 per cent for basic rate income (£12,571 to £50,270) and 40 per cent for higher rate income (£50,271 to £99,999 – the stated amount is £125,140 but that doesn’t take account of the taper).
When you add it all up, someone on £100,000 actually keeps about £68,500, or roughly 68 per cent of their total earnings.
Even with the marginal 62 per cent bite kicking in, the overall effective tax rate is around 31–32 per cent, far from the 62 per cent the tweet implies.
So the reality is strikingly different from the headline claim: not only do high earners pay less than 40 per cent of their total income in tax, but they still take home a salary far above the minimum wage — often three times or more as much as someone on the National Living Wage.
The myth of the “38p per £1” is a classic example of how tax policy can be misrepresented by focusing on marginal rates without context.
Understanding the distinction between marginal and effective rates makes a huge difference.
So before anybody gets angry, relax: high earners aren’t being robbed blind.
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Ballot Box Bingo: who wins Nurses’ vote?
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If you’re a nurse—or hands-on with the daily grind of patient care—you might ask, “Why vote? Will anything actually help?” But hang on.
With pay eroded in real terms, unsafe staffing levels, and mental health under strain, your vote is one of the few tools you still hold to demand real change.
So let’s dig into what the parties are promising and what they’re actually doing. Welcome to Ballot Box Bingo: Nurses’ Edition.
What nurses care about (because that matters)
Here’s what’s topping the RCN (Royal College of Nursing) agenda and why it should matter to any nurse right now:
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Fair pay & real-terms restoration (3.6 per cent is barely scratching the surface; many voted it down as “grotesque”)
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Safe staffing and anti-corridor care—overworked staff are a patient safety issue
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Training bursaries and growth for student nurses and career progression
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Mental health resilience and burnout support
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Long-term workforce planning that stops people from quitting (quit rates are up by 43 per cent in 10 years)
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NHS funding & resistance to privatisation
Political parties: what they say v what they do
Conservatives (Opposition-ish)
What they say: “We’ll fix staffing, build hospitals, recruit 92,000 nurses, and restore morale.”
What they’ve done: Painfully little. Pay rises lag inflation; nurses reject the 3.6% rise. Strikes and corridor care remain a crisis.
Ballot Box Bingo insight: Lots of talk, few real ticks.
Labour (Current Government)
What they say: Labour promised a five-seven per cent public sector pay deal, workforce expansion, and hospital rebuilding.
What they’re doing: Real rises so far fall short of what’s needed, and reforms to address nursing shortages remain patchy amid rising quit rates.
Ballot Box Bingo insight: Promises look stronger, but outcomes still leave gaps.
Liberal Democrats
What they say: Support nurses through NHS funding and pushing for safe staffing in manifesto.
What they’ve done: Seat at the coalition table had limited influence; track record is mixed.
Ballot Box Bingo insight: Nice souncing, but their muscle is unproven.
Greens
What they say: Massive NHS investment (think £50 billion), immediate pay boosts, end privatisation.
What they’ve done: Mainly campaigning—they have never been in power.
Ballot Box Bingo insight: Heart’s in the right place; they tick all the boxes (for now).
Your Party
What they say: Anti-austerity, pro-nationalisation, massive NHS reinvestment.
What they’re doing: Starting strong—not elected yet, but they play hard on left-wing solidarity.
Ballot Box Bingo insight: Bold ticks from a party that is still setting up.
Plaid Cymru
What they say: Standing up to keep the NHS fully funded, better pay in Wales, and safe staffing.
What they’ve done: Campaigning in devolved institutions; tangible regional policy.
Ballot Box Bingo insight: Strong tick for Welsh nurses; less visible elsewhere.
SNP
What they say: Scottish NHS remains publicly funded and politically protected.
What they’ve done: Kept tuition fees low, NHS de-prioritises privatisation—Scotland accepted an eight per cent nurse pay deal (against 3.6 per cent in England).
Ballot Box Bingo insight: Scots get good ticks, but challenges persist.
Northern Irish Parties (Sinn Féin, DUP, SDLP, Alliance, UUP)
What they say: Mixed—some push nurse support strongly, others remain vague.
What they’re doing: Health is devolved, and pay/budget moves depend on fragile assemblies—progress is patchy.
Ballot Box Bingo insight: Not UK-wide players, but still relevant where health policy is devolved.
Ballot Box Bingo: Nurse Priorities Scorecard
Priority | Conservatives | Labour Govt | Lib Dems | Greens | Your Party | Plaid Cymru | SNP | NI Parties |
---|---|---|---|---|---|---|---|---|
Fair Pay | ✖️ | ➖ | ➖ | ✔️ | ✔️ | ✔️ | ✔️ | Mixed |
Safe Staffing / Anti-corridor Care | ✖️ | ➖ | ➖ | ✔️ | ✔️ | ✔️ | ✔️ | Mixed |
Training & Student Support | ✖️ | ➖ | ➖ | ✔️ | ✔️ | ✔️ | ✔️ | Mixed |
Mental Health & Burnout | ✖️ | ➖ | ➖ | ✔️ | ✔️ | ✔️ | ✔️ | Mixed |
Workforce Planning & Retention | ✖️ | ➖ | ➖ | ✔️ | ✔️ | ✔️ | ✔️ | Mixed |
NHS Funding / Anti-Privatisation | ➖ | ➖ | ➖ | ✔️ | ✔️ | ✔️ | ✔️ | Mixed |
The Verdict
Nursing is under pressure—and the 3.6 per cent pay rise that nurses voted down reflects it: morale, safety, staff retention, and respect remain critical.
The Greens, Your Party, and SNP offer the most complete proposals—but Labour is in power, and promises matter too. Whoever you vote for, make it count.
This is one profession that saves us; maybe we should save it back.
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How Labour’s tax options stack up against a real progressive alternative
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Chancellor Rachel Reeves has some big choices to make before November’s Budget.
Treasury officials are eyeing up a shake-up of property taxes – reforming stamp duty, cutting back capital gains tax relief on main homes, and – eventually – tackling council tax.
This is being presented as a way to “raise billions” without touching income tax, VAT, or National Insurance.
But if these are the options, we should be asking: will they actually fix the problems in our tax system? Or just shuffle them around?
Here at Vox Political, Yr Obdt Srvt has been working on something bolder and fairer: a progressive property wealth tax to replace council tax.
And when you set it against what’s on the table in Whitehall, the difference is like that between night and day.
Capital Gains Tax on main homes
What Labour is considering: Scrapping the exemption that means your main home is free from capital gains tax (CGT). If you bought a house for £200,000 and sold for £400,000, you’d currently keep the £200,000 gain. Under the floated change, you’d hand 18–24 per cent of that to HM Revenue and Customs.
Why it appeals:
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Looks like an easy win on paper – CGT raised £13.3 billion last year.
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Targets the wealthy in expensive areas.
The snags:
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Politically explosive: hits families downsizing or moving for work.
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Unpredictable: if housing sales slow, so does the revenue.
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Encourages lock-in: people stay put rather than sell, worsening housing shortages.
Our verdict: Short-term, volatile, controversial. Not a systemic fix.
Stamp Duty reform or abolition
What Labour is considering: Stamp duty currently raises £11.6 billion a year, but economists say it’s a drag on the housing market. Getting rid of it would make moving easier, but leave a hole in the public finances. Reports suggest any abolition would need a replacement – possibly a seller’s tax on high-value homes.
Why it appeals:
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First-time buyers and downsizers would move more easily.
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It would be popular with the property industry.
The snags:
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It blows a big hole in the revenue base unless matched by something else.
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If replaced with a “sales tax,” it just recreates the same volatility.
Our verdict: At best a sideways move, at worst a tax cut for speculators dressed up as reform.
Council tax reform
What Labour is considering: Re-banding, or tweaking valuations to make council tax a bit less regressive. But all the reports suggest this would be piecemeal – shifting money between areas, or shaving a little from one end to add a little to the other.
Why it appeals:
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It’s a familiar system, so easier to sell politically.
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It avoids the heavy lift of redesigning everything.
The snags:
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It would still be based on 1991 valuations.
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It would still leave renters paying for a tax that’s really about ownership.
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It would still be regressive in many areas, where modest homes pay proportionally more than mansions.
Our verdict: This is like rearranging deckchairs on the Titanic.
The Progressive Property Wealth Tax (Vox Political‘s proposal)
What I have suggested instead: Scrap council tax completely and replace it with an annual, progressive tax on property wealth. This is:
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Fairer: Bands are tied to modern values – not frozen in 1991.
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Progressive: Low-value homes pay less than now. High-value homes pay much more.
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Stable: Annual charges mean predictable funding for councils.
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A clean break: Renters no longer pay directly and property owners shoulder the cost, which is how it should be.
I’ve modelled it in full. People in a modest home worth £150,000 would pay less than under council tax. Those in a £2 million townhouse in London would pay far more. The system scales with real-world wealth.
And on revenue? It would raise more than current council tax, providing the sustainable base Reeves says she needs.
The key difference
Labour is still playing inside the old rules, with every change framed as “raising billions to plug a gap”. That’s why the current government reaches for transaction taxes like CGT and stamp duty – blunt instruments with political downsides.
My proposal thinks bigger: if you want fairness and stability, build a systemic wealth tax that directly ties contributions to real property values.
This would require no fiddling; no tinkering. It would be a genuine reform.
TL;DR*
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The government’s floated options: CGT on main homes (unpopular, volatile), stamp duty reform (sideways move), council tax tweaks (tokenism).
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Our option: Progressive property wealth tax – fairer, simpler, raises more, renters freed from unfair bills.
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The test: If Reeves really wants a fair tax system, let’s see her do better than the model this amateur created.
Which would YOU prefer?
*For those who don’t know, it means “Too Long; Didn’t Read”.
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Did the Tories deliberately try to create the UK’s wealth gap?
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Economist Simon Wren-Lewis has made a crucial point about the aftermath of the Global Financial Crisis (GFC).
In a post on his Mainly Macro blog, Wren-Lewis showed that while most people think of the crash as the reason for Britain’s stagnation, the far bigger driver of the UK’s trajectory was the policy response.
When the crisis hit in 2008–09, governments had two main levers:
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Fiscal policy (government spending and borrowing).
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Monetary policy (interest rates and quantitative easing).
In the UK, the Coalition government that sidled into office in 2010 slammed on the brakes with austerity.
Then-Chancellor Gideon George Osborne and his prime minister David Cameron cut back spending and rejected further fiscal expansion, despite financial markets being more than willing to lend cheaply to governments.
That left the Bank of England as “the only game in town” — slashing interest rates to near zero and unleashing waves of quantitative easing.
As Wren-Lewis notes, the decade of ultra-low rates that followed was not some inevitable legacy of the GFC. It was a political choice.
Fiscal stimulus could have revived demand, allowing interest rates to normalise. Instead, austerity prolonged stagnation and kept the monetary taps wide open.
And those monetary taps had a predictable consequence: an asset price boom.
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House prices surged, driven by cheap borrowing and a lack of supply.
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Financial assets inflated, with QE boosting stocks and bonds.
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Those who already owned property or shares got richer.
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Those shut out of ownership — younger people, renters, the less wealthy — were left further behind.
Professor Wren-Lewis wrote:
The long period of ultra low interest rates that began during the GFC but lasted for the next decade, and which helped create a boom in asset prices including house prices, was not a result of the GFC but was instead due to fiscal austerity.
If the 2010 Coalition government, and governments around the world, had responded to the GFC recession by continuing rather than reversing fiscal expansion, as financial markets were crying out for them to do (because all interest rates were so low), then the period of ultra low rates would have ended in the early 2010s, and we would not have seen such a marked increase in asset prices.
This is where politics bites.
Were Osborne and Cameron blind to these effects?
Or were they reckless as to the consequences — willing to entrench inequality so long as their base of older, asset-owning voters stayed happy?
The evidence suggests the latter.
The Conservatives resisted policies that could have countered the boom’s skewed effects:
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They failed to back large-scale housebuilding.
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They rejected serious wealth taxation.
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They doubled down on a “homeowner democracy” model that privileges those who already hold assets.
The result is the Britain we see today: a gulf between asset-rich and asset-poor, with property ownership out of reach for millions, and wealth concentrated in fewer hands than at any point in living memory.
As Wren-Lewis shows, this was not an unavoidable accident of history. The post-GFC wealth gap was not “caused by the crash”. It was caused by deliberate political choices.
Which leaves the question: Did the Tories want to create the UK’s wealth gap?
At the very least, they wanted policies that would protect the wealthy, whatever the collateral damage.
At worst, they saw the deepening divide as a political strategy — rewarding their supporters while locking out those who might oppose them.
And now the asset train is out of control. The super-rich are buying up everything that becomes available to them, including the assets of the government itself, forcing politicians to deplete the public purse by renting them back, and meaning even more assets have to be sold off to provide the cash.
Insanity.
And that is not the story of a financial crash.
It is the story of 14 years of Conservative government.
Unless Labour finds the courage to break with this, Britain’s future will look no different: asset-rich winners, and the rest locked out.
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