A stamp duty cut for first-time buyers could form part of Tory efforts to win young voters back from Labour in next month’s budget, it emerged yesterday.
Philip Hammond, the chancellor, has signalled that at the core of next month’s budget will be measures to reduce inter-generational unfairness after an election in which people under 47 were more likely to vote Labour than Tory.
But Mr Hammond was warned off the idea of linking tax to age for the first time as backbenchers insisted that older voters should not be played off against younger generations.
