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4G auction cash should pay for first homes, says Labour

Money raised when the 4G spectrum is flogged to networks should go toward helping young’uns buy their first home, Labour says. Shadow chancellor Ed Balls is going to call for the new rules, which could see £3-4bn funnelled into affordable housing and a two-year stamp duty hiatus, the BBC reports. The Nicola Murray Ed Miliband-fronted …

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