Overview

• Rayner said initial legal advice was wrong and accepted she underpaid stamp duty on the Hove purchase.
• She has notified HMRC and pledged to pay any extra due, with reports estimating a shortfall of about £40,000.
• Keir Starmer offered public backing, as opposition figures including Kemi Badenoch and Richard Tice called for her removal.
• Independent adviser Sir Laurie Magnus will examine any potential breach of the ministerial code, with a rapid review suggested by government sources.
• Rayner, also the housing secretary, said she considered resigning as the fallout coincides with property tax plans expected at the 26 November Budget.