Finance Bill

My hon. Friend will know that there is an increasing trend of international financiers buying London properties in particular as part of their asset portfolio in an uncertain world and that, at the top end of the market, an increasing share of them are owned by Russian oligarchs, oil sheikhs and so on. Does he agree, therefore, that this is a great opportunity to introduce a charge on foreign owners who invest in London—which is fair enough—in order to redistribute some of their massive wealth to the poorest people in Britain?