Darling stitch up by Brown
The National Association of Estate Agents (NAEA) has said that one in four of its members had seen agreed house sales fall through as a direct result of uncertainty with regards to stamp duty.
Jim Cousins, a Labour member of the Treasury select committee, said: “This has got to be sorted, and fast. It would not be so bad if the market were strong and rising, but it is not - it is weak and falling.
“To hope this will just go away would be a grave error. It would be very irresponsible to let this uncertainty go on.”
However, allies of Darling believe he was ‘stitched up’ by a Downing Street briefing operation designed to test the popularity of possible moves to suspend the tax. The Chancellor, who was unable to confirm or deny the plan, was then subjected to a barrage of criticism for bringing the housing market to a halt as buyers pulled out of purchases in the hope of making future savings. Mail
.
Jim Cousins, a Labour member of the Treasury select committee, said: “This has got to be sorted, and fast. It would not be so bad if the market were strong and rising, but it is not - it is weak and falling.
“To hope this will just go away would be a grave error. It would be very irresponsible to let this uncertainty go on.”
However, allies of Darling believe he was ‘stitched up’ by a Downing Street briefing operation designed to test the popularity of possible moves to suspend the tax. The Chancellor, who was unable to confirm or deny the plan, was then subjected to a barrage of criticism for bringing the housing market to a halt as buyers pulled out of purchases in the hope of making future savings. Mail
.
posted by Anoneumouse at 11:33 am
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