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The Radical Tax Overhaul to Solve London's Housing Crisis The Centre for London has proposed a radical overhaul of London's property taxation, suggesting the scrapping of Stamp Duty and Council Tax in favor of a Proportional Property Tax (PPT). This proposal aims to address widening inequality, release housing stock, and fund the construction of 106,000 new social homes over the next decade. A Radical Shift in London's Taxation Model The core of the proposal involves replacing the current Stamp Duty Land Tax (SDLT) and the outdated Council Tax system with a new annual property wealth tax. The new Proportional Property Tax (PPT) would be calculated as a percentage of a home's value, with rates increasing for higher-value properties. Base Rate: 0.39% on properties up to £800,000. Incremental Charges: Additional 0.01% for homes up to £999,999, and 0.02% for every £200,000 over £1m (capped at 0.82% for properties worth £5m). Under this model, a £500,000 home in Greenwich would pay £1,950 annually, saving the owner over £15,000 in the first 10 years compared to current taxes. Conversely, a £5m home in Westminster would pay £41,000 annually, saving £86,792 over a decade. Quantifying the Housing Inequality Gap The report highlights a stark disparity in space utilization and affordability. Despite London having more housing per person than 20 years ago, inequality has widened significantly. Floor Space Growth: Average floor space rose by 30% between 2004 and 2023. Income Disparity: Top 20% of homeowners saw a 27% rise in space, while the bottom 40% saw only a 6% rise. Price-to-Earnings: House prices are now 12 times earnings, up from 7 times in the early 2000s. The crisis is further evidenced by the fact that homelessness costs £5.5m daily and a third of children live in poverty after housing costs. Economic Implications for Renters and First-Time Buyers The proposed tax shift aims to alleviate the crushing financial burden on younger generations and renters. By removing Stamp Duty on primary residences, the thinktank estimates an extra 79,000 homes could be released annually as owners move. Renter Savings: Private renters would no longer pay Council Tax, saving more than £1,890 per year. First-Time Buyer Savings: Buyers would save £8,593 across five years of ownership. Deposit Support: The policy aims to help renters save for a deposit, which currently averages £150,000 without family assistance. The Future of London's Housing Market Rob Anderson, the director of research at the Centre for London, argues that the crisis cannot be solved by simply "building more homes." He emphasizes that the current system incentivizes holding onto property rather than downsizing or releasing stock. The proposal suggests that by removing the disincentives of Stamp Duty and Council Tax, the city can unlock existing housing stock and generate the necessary revenue to build 106,000 social and affordable homes, fundamentally altering the trajectory of London's housing affordability.

The Lead: A Diplomatic Pivot in BeijingChinese President Xi Jinping welcomed Russian President Vladimir Putin with military ceremony and pageantry in the Great Hall of the People, marking a significant diplomatic meeting just days after Xi hosted US President Donald Trump in the same location. The high-profile summit underscores China's delicate diplomatic balancing act between major global powers as it navigates complex international relationships.The Event Details: Ceremonial Beginnings and Diplomatic StructureThe meeting began with a formal ceremony featuring Chinese soldiers in position as a military band played the Russian and Chinese national anthems. Children waving both countries' flags cheered "Welcome, welcome!" in Chinese before the leaders entered the Great Hall. The talks followed a structured format, beginning with a "narrow format meeting" featuring fewer delegates to discuss sensitive issues, followed by a "wide format meeting" with full delegations. Chinese Foreign Minister Wang Yi, who greeted Putin upon his arrival, also held talks with his Russian counterpart Sergei Lavrov.The Strategic Context: Balancing Global RelationshipsThe timing of Putin's visit, coming so soon after Trump's meeting with Xi, has drawn significant attention to China's diplomatic positioning. In his opening remarks, Xi expressed concerns about the world reverting to the "law of the jungle," while Putin hailed the countries' relationship as being at an "unprecedented level." The contrast between China's approach to Putin versus Trump is notable, with the warm relationship between Xi and Putin standing in contrast to the more adversarial nature of US-China relations. The leaders have developed increasingly close ties, referring to each other as "dear" and "old" friends in recent years.The Global Implications: Regional Conflicts and Economic AlliancesBoth leaders addressed the Middle East crisis during their talks, with Xi stating that further hostilities were "inadvisable" and that a "comprehensive ceasefire is of utmost urgency." Meanwhile, Putin emphasized Russia's role as a "reliable energy supplier" amid the ongoing crisis. For Putin, reciprocal trade and investment are likely top priorities as his sanctions-hit economy continues to suffer under the growing cost of Moscow's war in Ukraine. Notably, as Xi prepared to welcome Putin, China confirmed it will purchase 200 Boeing jets and seek an extension of the trade agreement with the US reached in Kuala Lumpur last year, signaling China's continued economic engagement with multiple global powers.The Future Outlook: Evolving International DynamicsThe optics and outcomes of Xi's meeting with Putin will be carefully analyzed, particularly given its proximity to the Trump visit. The summit highlights China's strategy of engaging with multiple major powers simultaneously while maintaining its own strategic interests. Putin's invitation for Xi to visit Russia next year suggests the continuation of this warming relationship. As global power dynamics continue to shift, China's ability to navigate complex relationships with both Russia and the US will remain a critical factor in international diplomacy, with potential implications for everything from regional conflicts to global economic stability.

The UN's Casualty Report The United Nations has said 15,850 people, including 791 children, have been killed in Ukraine since Russia's full-scale invasion of the neighbouring country in February 2022. The "actual figures are likely significantly higher", Kayoko Gotoh, Europe and Central Asia director of the UN's Department of Political and Peacebuilding Affairs (DPPA), told the UN Security Council on Tuesday. Recent Attacks and Casualties Tuesday's Russian attacks on Ukraine killed at least six people. A 15-year-old boy was among three people killed in a Russian ballistic missile attack on the city of Pryluky in north-central Ukraine's Chernihiv region on Tuesday morning, according to the State Emergency Service of Ukraine. In the region of Sumy, two people were killed in an attack carried out by two Russian drones in the city of Hlukhiv in the Shostka district on Tuesday morning, the Sumy Regional Prosecutor's Office said on Facebook. Escalating Conflict and Peace Efforts Peace talks have stalled between Ukraine and Russia. US President Donald Trump has attempted to mediate and announced the most recent three-day ceasefire earlier this month, but fighting has resumed. Russia's Defence Ministry said it intercepted and destroyed 70 Ukrainian drones in six hours between 05:00 GMT and 11:00 GMT on Tuesday over the various Russian regions as well as Ukraine's annexed Crimean Peninsula.

A Tennis Legend's Academic JourneyWhen Billie Jean King left college in 1964, she had a clear purpose. Within a few years, she had become the top-ranked tennis professional in the world. Over a trailblazing career, she won 39 championships, a Presidential Medal of Freedom and a congressional Gold Medal – all while pushing publicly for gender and pay equality.Last year, she finally returned to finish the degree in history she started more than six decades ago. On Monday, she graduated at 82 years old.The Commencement Celebration"It is a privilege for me to be here as a member of your graduating class," King said at her commencement. "Yeah baby, only 61 years!"King recalled growing up in a working-class family, the daughter of a firefighter father and homemaker mother."Like so many of my fellow graduates, I am the first member of my immediate family to graduate college, like many of you," King said.Early Life and Tennis BeginningsShe chose Cal State Los Angeles, then known as Los Angeles State College, because the tennis coach, Scotty Deeds, trained men and women together. He said it would help give her the level of competition she needed to excel."Their approach to winning in tennis was revolutionary at the time," King said of Deeds and the women's coach Dr Joan Johnson. "Even today most collegiate D-1 and D-2 tennis teams do not have the women and men practice together. Scotty and Dr Johnson had it right and they took the extra step for their student athletes."King distinguished herself as a tennis champ in college, winning Wimbledon doubles while enrolled. King was 18 and her partner, Karen Hantze, was 17, making them the youngest team to win at the time.A Lifelong Commitment to EqualityBut King told the crowd that her true motivation since childhood had been to fight discrimination, a calling she first remembered feeling at age 12, when she realized that virtually everyone at the tennis clubs where she trained was white."I asked myself, where is everybody else?" King said. "From that day forward, I committed my life to equality and inclusion for all. Tennis is a global sport and it became my platform, but equality was my dream – to make the world a better place."She added: "We can never understand inclusion unless we've been excluded."King, one of the first openly gay professional athletes, founded the Women's Tennis Association in 1973 and successfully campaigned to get the US Open to pay equal purses at the US Open. That same year, she defeated Bobby Riggs in a historic match billed "The Battle of the Sexes" – a feat later dramatized in a Hollywood film staring Emma Stone and Steve Carell.Legacy and Final WordsKing ended her speech with words of advice for her fellow graduates."Have fun," King said. "Be fearless. And make history."

The San Diego Mosque Attack Authorities confirmed the identities of two other men killed in an attack on the Islamic Center of San Diego, in the latest apparent hate incident in the United States. Victim Details Revealed Mosque officials on Tuesday said Mansour Kaziha and Nader Awad had been killed when two gunmen attacked the religious site the day before. Mansour Kaziha was a longtime employee of the mosque, originally from Syria, and was married with five adult children. Nader Awad was a member of the mosque who lived across the street and rushed to the facility when he heard gunshots. The Heroic Response The third victim, Amin Abdullah, a security guard credited with thwarting the attackers, was identified by friends and family. The alleged gunmen were later found dead of apparent self-inflicted gunshot wounds. Investigation and Aftermath Police have been investigating the attack as a hate crime. The chairman of the Mosque’s board of directors, Ahmed Shabaik, said all three men had played a role in responding to the gunmen. The mosque complex, the largest in the county, remained closed as police continued their investigation. Rise in Hate Crimes The Council on American Islamic Relations (CAIR) said in a statement on Tuesday: “Hate against American Muslims is completely out of control.” The mosque has seen an increase in hate calls in recent times, as instances of Islamophobia have remained elevated amid the ongoing genocide in Gaza.

The Birth of a Movement A social media post by 13-year-old Malaika Meena, playing in Chelsea's academy, sparked a movement that has collected over 1,000 items of football kit for schoolchildren in Tanzania. The Power of Resource Allocation Meena, now a 23-year-old established WSL2 player, says it's all about 'resource allocation' and giving equal opportunities for everyone to enjoy football, regardless of their background or income. A Family Tradition Grows Meena's parents were born in Tanzania, and she visits family there regularly. Her family has always made charitable donations of football boots and kit to schoolchildren in Tanzania. Meena's successful career has raised the profile of the operation, with over 1,000 items collected in the past month alone. The Impact on Tanzania Tanzania is listed as the 29th-poorest country in the world, and the women's national team ranks 121st in Fifa's rankings. However, schoolchildren in the country are passionate about football. A Brighter Future Meena plans to expand her donation drive, create an Instagram page, and explore fundraising opportunities to provide school equipment and educational resources.

Neymar's Return to Brazil: Redemption and National HopeNeymar is Brazil's record goalscorer but hasn't played for the national team for three years. He was part of the greatest attack of all time – MSN – but never won a Ballon d'Or. A generational talent who arguably butchered his career with money-fuelled moves to PSG and Saudi Arabia. After too many off-pitch controversies to count – only this month, he slapped a Santos teammate, Robinho Jr, in training – Neymar will be remembered as much for knack (including the injury that kept him out of that 7-1 defeat by Germany – as he will for the nutmegs, the rainbow flicks, the Remontada heroics, his Pausa, Bigger Cup triumphs, and Puskas Award goal. The overarching feeling for many is "yes, what a player", but also, "what a waste".That is, at least, the view from Europe, and when it comes to the Geopolitics World Cup that view matters not one jot. Simply put, the European mind (save for Carlo Ancelotti, of course) cannot comprehend how different the standpoint is in Brazil, where Neymar remains a sort of demi-deity – seemingly the last bastion of jogo bonito and the essence of the Selecao; both a symbol of its glorious past and its recent struggle. No Brazil team has ever gone longer than the current 24-year World Cup drought. After decades of collective suffering – Neymar and Brazil are in desperate need of redemption and glory. In a deeply Catholic country, those themes are overwhelmingly seductive.The Controversial Journey of Brazil's Record GoalscorerOne only needs to watch the videos of people reacting to Neymar's inclusion in Ancelotti's Brazil squad to get a sense of it. Grown men were reduced to hot salty tears of joy (and fits of destruction), there were parties in the streets and schoolchildren – so young that they were not even born when Neymar was in his Barcelona pomp – chanted wildly in celebration, apparently hard-wired in their devotion. "Neymar will be an important player for us at the World Cup," soothed Ancelotti. "We realised that in this last period he had continuity and was in good physical condition." Not to mention 11 goals and four assists in his last 18 matches for a relegation-threatened Santos.Neymar's domestic form and a complete lack of it for João Pedro in a Brazil shirt – no goals or assists in eight appearances to date – is probably lost on many commentators and Social Media Disgrace influencers complaining on Tuesday at Ancelotti's omission of the Chelsea forward. And while that was a surprise, it's probably best not to question Ancelotti, one of the greatest managers of all time with five Bigger Cups to his name. You're better off with Ancelotti than without him and if you don't believe that, just have a look at how Real Madrid are doing at the moment.Brazil's 24-Year World Cup Drought and the Weight of ExpectationIn a deeply Catholic country, themes of redemption and glory are overwhelmingly seductive. Neymar represents more than just football talent to Brazilians – he embodies their hopes for ending the longest World Cup drought in the nation's history. The emotional reaction to his selection speaks volumes about the pressure and expectation placed on both the player and the team. While European critics focus on his controversial career moves and off-field incidents, Brazilians see in Neymar the potential to restore national pride and deliver the glory they've been waiting for a generation.The contrast between European perception and Brazilian adoration couldn't be starker. While many in Europe view Neymar's career as a waste of potential, in Brazil he remains a demi-deity – the last bastion of jogo bonito and the essence of the Selecao. This cultural divide highlights how differently football is viewed across continents, with Brazil's collective suffering making their need for redemption all the more acute.Can Neymar Deliver Brazil's World Cup Dream?The question now is whether Neymar can deliver on the immense weight of expectation. At 34 years old, he may be in the twilight of his international career, but his recent form suggests he still possesses the quality to make a difference. With 11 goals and four assists in his last 18 matches for Santos, despite playing for a relegation-threatened team, he has proven he can still deliver at the highest level.Carlo Ancelotti's decision to include Neymar, despite the controversy, signals a belief that the veteran star can still be an important player for Brazil. The Italian manager, one of the greatest in the game with five European Cups to his name, clearly sees value in Neymar's experience and quality. Whether this gamble pays off remains to be seen, but for a nation starved of success, Neymar represents their best hope of ending their World Cup drought and bringing glory back to Brazil.

The Lead: A Joy‑Centred Call to ParliamentFrank Cottrell‑Boyce, the outgoing children’s laureate, told the House of Commons education committee that the nation’s reading crisis can only be solved by putting pleasure before learning. He warned that current policy debates “revert to attainment” and risk alienating children from books.The Evidence Before Parliament: Testimony on the Reading CrisisDuring his evidence session, Cottrell‑Boyce highlighted three core drivers of the decline:Screen saturation and digital distractionPost‑pandemic austerity and “furniture poverty” in emergency housingLimited early‑years support for parents and nursery staffHe argued that “the business of learning to read can put children off the pleasure of reading” and urged a cultural shift toward shared, joyful reading experiences.The Decline in Reading for Pleasure: Hard NumbersThe National Literacy Trust annual survey shows only 1 in 3 children and young people aged 8‑18 now read for pleasure – a 36 % decrease since 2005. This sharp drop signals a generational loss of voluntary reading time.The Policy Implications: Early‑Years as the FoundationCottrell‑Boyce called for government action that does not require massive new spending. He suggested leveraging existing infrastructure to:Provide confidence‑building training for parents and nursery workersPromote “shared reading” in community settingsIntegrate pleasure‑first reading into the national year of reading initiativeHe likened early‑years to “the cake is baked” – the essential base upon which later learning is built.The Outlook: Can Joy‑Driven Reading Be Restored?Both Cottrell‑Boyce and Rebecca Sinclair, president of the Publishers Association, expressed optimism that a narrative shift – treating reading as a right and a source of joy rather than a skill‑test – can reverse the trend. They argue that low‑cost, community‑based interventions can reignite a love of books before formal schooling pressures take hold.

The San Diego Mosque ShootingA security guard at the Islamic Center in San Diego, California, has been hailed as a “hero” after he was killed while trying to prevent suspected shooters from entering the mosque complex in an attack police are investigating as a hate crime.At least three people were killed after two teenage attackers opened fire at the San Diego mosque on Monday. Authorities have yet to publicly identify the victims, but community leaders have named the guard as Amin Abdullah.Who was Amin Abdullah?A family friend identified the guard as a well-known face at the mosque, who had been working there for more than a decade, The Associated Press news agency reported.“He wanted to defend the innocent, so he decided to become a security guard,” said Sheikh Uthman Ibn Farooq, who had spoken with Abdullah’s son. The family could not immediately be reached for comment.Local media reports suggest that Abdullah was a father of eight.The Impact of the AttackUnited States officials said the guard “played a pivotal role” in preventing the attack from being “much worse”. “It’s fair to say his actions were heroic,” San Diego Police Chief Scott Wahl said at a news conference. “Undoubtedly, he saved lives today.”At the time of the shooting, children were attending a private school located inside the complex, according to ABC News.The Response to the AttackThe mosque’s director, Imam Taha Hassane, called it “extremely outrageous to target a place of worship”.“All the places of worship in our beautiful city should always be protected,” he said.He added that the centre focused on interfaith relations and community building, and that a group of non-Muslims had been touring the mosque earlier Monday to learn about Islam.The Council on American-Islamic Relations (CAIR), one of the largest Muslim civil rights and advocacy groups in the US, condemned the shooting.