Ed Balls pledges extra £3bn to build 100,000 affordable homes from 4G sale

Labour plans to build houses and offer stamp duty holiday for first-time buyers rather than cut debt, says shadow chancellorThe shadow chancellor, Ed Balls, will unveil plans on Monday to stimulate the economy by using a £3bn windfall from the sale of the 4G mobile phone spectrum to build 100,000 affordable homes, rather than to reduce debt, should Labour win the next election.He will say that it is time to "cut through the dither and rhetoric and actually do something".The move is politicall...