Thursday, 12 September 2013

Help to Buy May Have To Be Scrapped, Cable Warns

The Liberal Democrat Business Secretary urged George Osborne, the Tory Chancellor, to consider "whether it [the scheme] should come into effect" amid concerns about rising house prices. While Mr Cable has previously raised concerns about the scheme, his intervention represents the first time he has suggested it should not come into force at all. His comments are likely to provoke a fresh Coalition row as the policy formed the centrepiece of Mr Osborne's Budget earlier this year. Read more on the Daily Telegraph website.

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