4G revenue 'to kick-start economy'

AOL Money Staff
Updated
Ed Balls
Ed Balls

Ian Nicholson/PA Archive/Press Association Images

The proceeds of selling off 4G mobile phone licences should be used to "kick-start the economy" by building 100,000 affordable homes and a tax break for first-time buyers, shadow chancellor Ed Balls is to say.

Mr Balls will use his Labour party conference speech to reinforce his message that Labour cannot pledge to reverse coalition spending cuts if it wins power in 2015 or "promise to put everything right straight away".
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