Tuesday 31 October 2017

Hammond Rebuffed Over Budget Plan For Green Belt Housing

Theresa May is resisting calls from Philip Hammond to free green belt land for housing as he seeks radical cost-free measures for the budget. The chancellor wants to use next month’s statement to continue to tackle Britain’s poor productivity, and the lack of housing in high-demand areas is regarded as a key factor. Mr Hammond has been arguing within the cabinet for months that some of the protected countryside should be reclassified as part of a housing package that could allow extra borrowing to fund house building.  Read more on The Times website.

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