Shadow chancellor Ed Balls has called for a fresh tax on bank bonuses to help fund the construction of 25,000 new affordable homes, which he believes will create up to 100,000 new jobs.
Labour leadership hopeful Ed Balls wants to see 100,000 more affordable homes built in this country to help reduce the chronic supply shortage of new homes and create more jobs at a cost of around £6bn.
Build Absolutely Nothing Anywhere Near Anyone.
I can exclusively reveal that the first housing pledge of the new coalition Government is a promise to build three new homes by 2020.
That is a joke - I hope. Labour claimed they were going to build three million new homes by 2020 and how we laughed. Under our shamefully slow and ineffective planning system, it can take months to get permission for an awning over the guinea pig cage, yet alone for new homes.
Political history will be made tonight when the leaders of the three main political parties take part in the first ever live TV debate that is expected to attract around 20 million viewers. But which party is best suited to govern this nation's housing market?
Prime Minister Gordon Brown has finally confirmed that the General Election will be held on 6 May. But what will each of the parties do to increase the supply of much needed new homes? How will they help more first-time buyers onto the housing market?
Politicians are furious that the chief executives of two new home developers have been paid bonuses despite the fact that their firms received kickstart grants.
It has been reported that the chief executives of housebuilders Taylor Wimpey and Persimmon were paid almost £1.2m in bonuses for 2009, despite the fact that their companies received close to £40m in kickstart funding.
19 March 2010
Unite, Britain's largest union, is expected to slam the Conservative party for threatening security of tenure for up to 8 million social housing tenants and Britain's home building programme, when addressing a conference in London today.
Unite Deputy General Secretary Jack Dromey, will today tell the Defend Council Housing Conference in London that David Cameron's Housing policies threaten the potential construction of thousands of new build homes and the security of tenure for 8 million of social housing tenants.
18 March 2010
More new homes need to be built in cities across the UK, particuarly the south of England, according to a new report.
Arrested Development: Are we building houses in the right places?, a report published by think-tank Centre for Cities claims that economic growth in the UK is being hindered by a lack of new build homes coming onto the market.
The study ascertains that the greatest need for new homes is in the UK's least affordable cities, where micro economies are greatest - namely London, Brighton and Cambridge.