Vince Cable, the Liberal Democrat leader, has called for a fierce tax on overseas residents buying British property days after Boris Johnson, the foreign secretary, backed a similar idea.
The rare agreement between Sir Vince, a pro-EU campaigner, and Mr Johnson, a leading Brexiter, reflects growing political unease at the cost of housing. Concerns were highlighted by the Grenfell Tower fire in June, in a part of London popular with foreign buyers.
Sir Vince said that Britain must end the stranglehold of oligarchs and speculators in our housing market, part of a pitch to broaden his Liberal Democrat party’s agenda beyond opposition to Brexit.
