U.K. plan labeled ‘mere tinkering’ and ‘political sticking-plaster’

Article Date : 02 September 2008
News Section: United Kingdom

Few experts expect Prime Minister Gordon Brown’s housing stimulus package presented today to have much impact on the sliding U.K. property market. The centerpiece of the plan is a move to cut the stamp duty for properties worth less than £175,000 (about $316,000) for one year, as well as programs to aid first time buyers and...

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Article provided by International Herald Tribune.
Read the full article here: http://blogs.iht.com/tribtalk/properties/roof/?p=501

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