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EU calls on Britain to raise taxes on high-value homes

The European Commission has called on Britain to raise taxes on higher value properties, build more houses, and consider "adjusting" the Help to Buy scheme

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European Commission recommendations for the UK

The European Commission has angered a number of British politicians by offering recommendations on how the British economy could be improved.

The measures set out by the Commission include:

  • raise council tax for those in the most expensive homes
  • increase the housing stock by creating "appropriate incentives" to build homes
  • monitor house prices and "adjust" the Help to Buy scheme if necessary
  • prioritse spending on infrastructure to boost the economic recovery
  • streamline the qualification system to help improve the skills base

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