Central London employment is heavily dependent on the rich who have descended on our town. We may not like them, but they are an indispensable source of job creation. To drive them out at a time when we need them most is utter folly,
But how about those in London with limited income and just the asset they live in?
The Dame will publish the Doc's reply to how he would break the news to some old age pensioner living out the end of his or her days in a flat or house valued at over £2 million and faced with having to sell up and move out.
Interestingly, we have heard nothing about the idiotically named Mansion Tax from our absentee MP, Sir Malc Rifkind or our absentee PM, Pooter Cockell.
The Rt Hon Vincent Cable MP
The House of Commons
February 14th 2013
Dear Doctor Cable
Some advice please.....
My ninety six year old neighbor has lived in her Chelsea flat for close to forty years. She is now in extremely poor health. As executor I am privy to her financial position.
I have advised her the introduction of your proposed property tax will force her to leave her beloved flat.
I am certain you can provide suitable words of solace which I can convey, on your behalf, to this vulnerable old lady.
Woud you mind if I forwarded your advice to my local paper, the Kensington & Chelsea Chronicle: they will be keen to know the generalised advice you can provide to the very many frightened & elderly K&C residents in a similar situation to my neighbour.