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Stamp duty reforms cost the Treasury £662m in 2015

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George Osborne’s overhaul of the stamp duty tax regime has cost the taxpayer well over half a billion pounds in lost revenue last year, new research today reveals, as sales of high-end homes slowed and investors switched tactics to avoid paying huge premiums on purchases.

Ford to move production to Mexico: Report

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Auto giant Ford is planning a new assembly plant south of the U.S. border, the Wall Street Journal reported Sunday, and will sharply increase factory output from Mexico just months after signing a labor deal.

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