Ed Balls and Ed Miliband
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Labour conference: Ed Balls calls for stamp duty break

Shadow chancellor Ed Balls is to call for 100,000 new affordable homes and a two-year stamp duty holiday for first-time buyers to kick-start the economy.

Mr Balls will say the £3-4bn needed to fund the move should come from the sale of the 4G mobile spectrum.

He will use his keynote speech to Labour's conference in Manchester to call for "urgent" action on growth.

Ross Hawkins reports.

  • 01 Oct 2012