Ministers must think of housing as national infrastructure - not as an addition to national debt

fiona fletcher-smith index

Long-term investment in housing would create economic benefits, supporting growth, jobs, skills and supply chains, argues Fiona Fletcher-Smith

The spring budget next month comes with extra baggage, as rumours swirl about the possible date of the next General Election.

With speculation about pre-election tax cuts rife, a key question remains. Will the Government take the necessary measures to ease the financial pressure on our housing system, and wider public sector?

For a glimpse into the severity of the strain our councils are under, you needn’t look further than the headlines.

Local authorities across the UK continue to face increasing demand for services at a time when government grant has dropped by 40 per cent. Six councils have declared themselves bankrupt since 2021, with a raft of others warning they may have to do the same.

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