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ECONOMY

UK house price growth hits five-year high in April: Halifax

British house prices increased last month at the fastest annual rate for five years, helped by finance minister Rishi Sunak's extension of tax cut for buyers, mortgage lender Halifax said on Monday.

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IN-DEPTH

Affordable housing for all

The government’s main plan of action for providing affordable housing for the financially constrained, the National Action Plan for Production and Supply of Housing, involves the construction of 400,000 small and medium sized flats nationwide within a two year time frame.

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