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Lib Dem conference: Tory Help to Buy ‘drives up prices’

Flagship Tory policy Help to Buy does not actually help people on to the housing ladder but just drives up prices, Vince Cable told the Liberal Democrat conference yesterday.

The Business Secretary endorsed new party policy on tackling housing, which includes proposals to allow councils to suspend the right to buy, before members approved the plan.

He launched the sharp attack on the Tory housing scheme as he wound up an hour-long debate on the policy paper.

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