Preview of the Budget: Comment

Mike Morgan-Giles comments on Local Government and Housing:

Localis believe that all councils who have entered into multi-area agreements - and are seeking to become part of the first wave of devolved sub-regions - should receive the extended powers over regeneration, transport and business policy which the Government is expected to devolve. Currently the Government is considering testing the waters in or two places, but we think that these powers should be extended to all areas seeking them.

Our latest report, launched yesterday, highlights the critical state of social housing in the UK. This area of policy needs a critical shake-up. To achieve this, firstly, social housing tenants should be provided with higher personal subsidies, replacing the current capital grant regime, which should lead to higher financial gains to Registered Social Landlords and Councils - allowing them to build as many, if not more, new homes than are currently being built. Further incentives should be provided to tenants to encourage them to buy part shares in their houses.

 

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