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02/09/08 : Anneliese welcomes Labour's homes package - contrast with the Tories could not be greater
The £1Billion pledged by the Labour Government to help the housing market, including a one-year holiday on stamp duty for all properties costing £175,000 or less, a shared equity scheme to help first-time buyers get on the housing ladder, and a mortgage rescue scheme for people in difficulties, has been welcomed by Anneliese Dodds, Labour's prospective candidate for Reading East, who says the plans represent a real attempt to help British families hard hit by the world financial crisis.

And she has contrasted them with the Tory pledge revealed in the Daily Telegraph earlier in the week to raise the threshold for Inheritance Tax to £2Million, more than ten times the price of the average house sold in the U.K. "Labour," Anneliese says, "remains committed to helping the many not the few".

The Government's decision on stamp duty will see around half of all house moves exempt from duty over the next twelve months, and Labour is also bringing forward funding to help construction of more social housing.

Anneliese says: "Every country in the developing world is being hit by the combination of the credit crunch and rising food and energy prices, and Alistair Darling was right to say this meant Britain too. Labour is recognising that global challenge but working hard to cushion the impact here in Britain. Particularly when times are hard, people need a Government that's on their side, not one pandering to millionaires."

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