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Clarke banks on the MIRAS touch

Language: English Series: Guardian ; 7 October 1993, 2 | Financial Times ; 8 October 1993, 9(2)Publication details: 1993Subject(s): Summary: The Chancellor of the Exchequer is considering the phasing out of mortgage interest relief at source as its effect on homeowners is likely to the least disadvantageous now for 25 years; it would stimulate house buying in the short term; and stabilise the economic cycle.

The Chancellor of the Exchequer is considering the phasing out of mortgage interest relief at source as its effect on homeowners is likely to the least disadvantageous now for 25 years; it would stimulate house buying in the short term; and stabilise the economic cycle.