£2.3 billion investment in infrastructure for new housing

4 July 2017
£2.3 billion investment in infrastructure for new housing
A £2.3 billion Housing Infrastructure Fund has been launched by Sajid Javid to help unlock 100,000 new homes in areas of high demand.
Speaking at the LGA Conference, the Communities Secretary said that the investment will help to fund vital physical infrastructure projects like the building of roads, bridges, energy networks and other utilities, the absence of which continues to hold housebuilding back.

75p in every £1 of council funding cut by 2020

4 July 2017
75p in every £1 of council funding cut by 2020
The LGA has warned that local government will have lost 75p out of every £1 of core central government funding that it had to spend in 2015.

Tram-train is late and five times over budget

4 July 2017
Tram-train is late and five times over budget
The experimental tram-train linking Sheffield and Rotherham is expected to be delivered three years late and five times over budget.

New energy price cap to be considered

3 July 2017
New energy price cap to be considered
New plans being considered by energy regulator Ofgem include a price cap on energy bills for more households on low incomes.
With the cost of gas and electricity for those currently on pre-payment meters already saving approximately four million people £80 a year, the extension could raise this number by another two million.
Research from Ofgem and the findings of the Competition and Markets Authority investigation point to vulnerable consumers in particular getting a poor deal.

Employers paying more to recruit new staff

3 July 2017
Employers paying more to recruit new staff
The skills gap is costing UK businesses more than £2 billion a year in higher salaries, recruitment costs and temporary staffing.