Help to Buy 'will be launched'

Updated
Vince Cable
Vince Cable

Downing Street has insisted the Government will go ahead with Chancellor George Osborne's flagship Help to Buy scheme, despite a warning by Business Secretary Vince Cable that it could lead to a new housing market bubble.

Mr Cable called for an urgent rethink for plans to provide government guarantees for low-deposit mortgages from next January amid signs that "serious housing inflationary pressures" were already developing in parts of the country.
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