Munro: Uncertainty in the UK Having a Knock-On Effect

The UK will impose a tax on homes valued at more than £2 million, the latest blow to the country’s already struggling housing market. Clementine Munro, Private Office Advisor at Allsopp & Allsopp told Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche that while the mansion tax may appear benign for the wealthy, there is a real sense of fatigue in the UK with the ongoing uncertainty and it’s having a clear knock-on effect. (Source: Bloomberg)