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Sid - I see that Darling is now already saying that his measures will not work and more needs to be done. He is a bit slow on the uptake, clearly. It does not take a genius to see what a waste of time the VAT reduction has been. I said it would be more effective if the same amount of money were to be used to increase the nil rate band to £10k. How much more is he going to borrow? mad, utterly mad.
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