Tory plan to abolish stamp duty ‘will benefit London and the wealthiest the most’ – UK politics live

The Social Market Foundation thinktank says council tax reform and a property-based tax would be more sustainable and fairer

Voting in the Labour deputy leadership election opens today. Lucy Powell, the former Commons leader, is seen as the favourite and, as Jessica Elgot reports, Powell told supporters yesterday that, if she is elected, she will use the post to argue for changes in the way the government is operating. We can't sugarcoat the fact that things aren't going well," she said.

Powell is no longer a government minister and, if she is elected deputy leader, she will do the job from the backbenches. In an interview on Newsnight last night, Bridget Phillipson, the education secretary standing against Powell, said a Powell victory would be destabilising" for the party. She said:

[Electing Powell] risks destabilising the party ... we best achieve what we need to do together when we have those fierce conversations, including disagreements, behind closed doors.

Members need to understand that there's a potential challenge around all of that - that if you're not inside when the big decisions are being made, you're not at that table, you're not in those conversations.