The Shadow Chancellor made the comments in reaction to the 2014 Autumn Statement.
Campaign groups, economists and lobby groups rejoice at the change in stamp duty payments.
Chancellor announces plans to transform north's road network and cement it as a leader in science.
Homebuyers will now pay stamp duty that resemble the income tax system
George Osborne made the announcement during the 2014 Autumn Statement.
New rules target investors with less cash or those with a lower risk-appetite.
The BRC has reported that the price of food has decreased for the first time in eight years.
George Osborne is expected to make the announcement on 3 December.
The Confederation of British Industry called on the Chancellor to reform the system.
The Competitions and Markets Authority has reviewed the sector and has made recommendations to improve it
Ed Moyse and Harry Huang survived in London paying with only bitcoin for an entire month
Edmund Shing says that deflation is not always deadly for the investor.
Van Rompuy is entitled to the amount over the next three years as he finishes his term
Lewys Martin demanded Bitcoins in exchange for bank account details he had stolen.
The Mayor of London has urged British firms to seek business in Malaysia.
The regulator has announced new rules to tackle practices that are 'causing serious detriment to consumers'.
Britain's third largest energy group confirmed Statoil's boss Helge Lund will join the company
Find out why ordinary couples are increasingly taking out pre-nups to protect themselves.
How to manage a team where various kinds of people treat and use the 'future' differently
IBTimes UK takes a look at how people have reacted to the shopping spree on Twitter and Facebook.
Bitcoin is trading at $359.61, down 2.58% or $9.53, as at 10:45 am GMT.
Sergei Pugachev is wanted by Russian authorities after he had assets worth up to £1.3bn frozen.
Millions of Brits will be searching for Christmas gifts from Black Friday through to Cyber Monday.
He was one out of the eight executives that was suspended following the £250m profit overstatement.
Check out the opening times for the best deals for Argos, GAME, Asda, Tesco and more.
It will mean that the line between Scotland and London will be back in private hands.
The Finance Monitor, carried out by BDRC Continental, added 77% of SMEs were now profitable.
The judge said that through the shame and embarrassment, they have suffered enough.
Cass Business School and think tank New City Agenda studied Britain's banking sector.
The CBI said sales continued to grow in November but at a slower pace.