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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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Treasury: EU housing call 'in line' with UK approach

European Commission calls for the UK to raise taxes on expensive homes, build more housing and "adjust" the Help to Buy scheme are "in line" with government policy, a Treasury spokesman has said.

"The European Commission continues to support the UK Government's strategy including its commitment to deficit reduction. The Commission's recommendations are in line with the Government's approach," the spokesman said.

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