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21/04/2023
The Chancellor is expected to confirm a £1 billion emergency package to kick start the housing market. The deal would see the Treasury offering to take a share in housing projects where work has stalled either due to falling house prices or a lack of finance, along with providing a fund to reverse the trend in council house building. In addition, Mr Darling is expected to extend the temporary suspension in stamp duty on houses costing up to £175,000 until the end of the year.
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