Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
London - The Exchequer said on Tuesday properties worth less than 175,000 pounds would be exempt from a home purchase tax known as stamp duty for one year from Sept 3, up from a 125,000 pound threshold now.
The surprise move is part of a package of measures unveiled by Prime Minister Gordon Brown's government on Tuesday to try and boost the country's slumping housing market and revive the Labour Party's flagging political fortunes.
Data published on Monday showed approvals for new home loans fell in July for the 12th consecutive month and house prices have fallen at least 10 percent from a peak last year.
|
The funeral of Michael Jackson is to be held next Tuesday at the Staples Centre in Los Angeles, according to American media reports.
Disgraced financier Bernard Madoff leaves his jail cell to be taken under guard to court on Monday to hear his punishment for running Wall Street...
The unexpected death of Michael Jackson has seen an unprecedented surge in demand for his music. This surge in sales and demand is reported to be...
|
© 2009 The Ibtimes Company Ltd. All Rights Reserved.
Partners 
EMAIL
PRINT
RSS
SHARE
