DEVELOPING: Kemi Badenoch Unveils Shocking Plan to Abolish Stamp Duty

BREAKING NEWS Kemi Badenoch Announces Plan to Abolish Stamp Duty Conservative leader Kemi Badenoch has unveiled a surprise plan to scrap stamp duty on main home purchases, sparking immediate reaction from the party faithful. The announcement was made at the end of her first conference speech as Tory leader in Manchester. The abolition of stamp duty will "unlock a fairer and more aspirational society" according to Badenoch, who received a standing ovation from activists for the policy pledge. This move is expected to benefit millions of homebuyers in England and Northern Ireland. Badenoch's speech was packed with new policies aimed at grabbing attention and setting out clear dividing lines with opponents. The abolition of stamp duty is seen as a key plank of her leadership bid, which has been under pressure due to the party's trailing polls. The immediate impact of this announcement will be closely watched by financial markets and analysts. As the policy details are still emerging, it remains unclear how the government plans to fund the loss of revenue from abolished stamp duty. This is a developing story, with further updates expected in the coming hours as the Conservative Party continues to react to Badenoch's surprise announcement. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*