In the wake of what is seen by many as Ed Miliband’s mauling by Myleene Klass over the Mansion tax debate, even the Labour leaders own MP’s are urging him to abandon the proposal, fearing that the policy will lead them to losing votes in the general election.

Instead, the group of mostly London MP’s want to introduce new council tax bands for the most expensive properties.

As we head in to 2015, the year of the general election, it will be interesting to see how this one develops. Is the Labour leader prepared to stick to his guns at the risk of losing much needed votes? Watch this space!