Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

Labour's Bridget Phillipson Criticised Over Family's Right to Buy Profit

Education Secretary Bridget Phillipson is facing accusations of hypocrisy after her family made a significant profit from a council home purchased under the Right to Buy scheme. This comes as the Labour Party reportedly plans to tighten restrictions on the policy.

  • Bridget Phillipson's family bought their council home for £9,600 in 1990, selling it for £99,950 in 2023.
  • The sale represents a 900% profit on the original purchase price.
  • Conservative Party Chairman Kevin Hollinrake accused Labour of "class-war hypocrisy."
  • Government proposals aim to increase the Right to Buy eligibility period and reduce discounts.
  • A spokesperson for Ms Phillipson described the accusations as a "vile smear campaign."

British politics has long grappled with issues of class and privilege, but the latest controversy surrounding Education Secretary Bridget Phillipson's family wealth has reignited these debates. The Labour minister is facing intense scrutiny over her family's substantial profit from a council property acquired through the Right to Buy scheme – a policy that her party is reportedly considering amending.

According to reports, Ms Phillipson's mother bought the two-bedroom council house in Washington, Tyne and Wear, where the minister grew up, in 1990. The property was purchased for £9,600, benefiting from a 38% discount on its market value of £15,490 at the time. After nearly three decades within the family's ownership, the house was sold for £99,950 in May 2023 – representing an astonishing 900% increase on the original purchase price.

This development has parallels with the controversy surrounding former Housing Secretary Angela Rayner, who also reportedly profited from the Right to Buy scheme. Conservative Party Chairman Kevin Hollinrake has lambasted Labour's handling of the policy, arguing that ministers are "pulling up the drawbridge" on a scheme from which they themselves benefited while planning to restrict it for others.

The government has outlined plans to reform the Right to Buy scheme, including increasing the minimum eligibility period for tenants and adjusting discount rules. The proposed changes aim to ensure that those who benefit most from the policy are those in genuine need of affordable housing, rather than simply profiteering from its provisions.

A spokesperson for Bridget Phillipson dismissed the claims as a "vile smear campaign" by the Conservatives, asserting that the attacks demonstrate disdain for successful working-class individuals. They added that Ms Phillipson remains committed to improving life chances for working-class families who have been denied opportunities due to "14 years of Tory austerity."

Why this matters: This story highlights a recurring debate about the fairness and future of the Right to Buy scheme, particularly when political figures who have benefited from it are perceived to be advocating for its restriction. It touches on issues of social mobility, housing policy, and political integrity.

What this means for you: What this means for you: If you are a council tenant, potential changes to the Right to Buy scheme could affect your eligibility, the discount you might receive, or the availability of newly built social homes for purchase. For all taxpayers, this debate impacts how public housing assets are managed and the long-term provision of affordable homes.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.