Cameron sticks to guns over Stamp Duty

David Cameron, leader of the Conservative party, has stuck to his guns saying that he would abolish Stamp Duty for nine out of 10 first-time buyers.

The Tory leader made the statement in an interview this morning on BBC 4’s Today programme this morning.

It follows statements this weekend from chancellor Alistair Darling that the UK economy at its worst since the end of World War II.

Cameron says Darling was “talking the economy down” and that attempts to refloat the mortgage market are “really quite dangerous” but that he does support government plans to stop unnecessary repossessions.