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Prime real estate in Dorset: to avoid some of the most painful cuts, the government should bring in a “new property tax based on market values”

Economic recoveries tend to be feeble after financial crises. This is certainly the case in Britain, where the economy has come to a near standstill, unemployment remains high and inflation is running at more than twice the Bank of England’s target. With government debt above 80 per cent of GDP and rising, and the budget deficit above 10 per cent, the country’s financial position is very weak. Economic recovery will eliminate part of the…

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