The UK has a new Labour government and today the Chancellor Rachel Reeves has revealed a few of its housing plans to get the economy moving again.
Rachel, who is the UK's first ever female chancellor said Labour will:
Restore mandatory housebuilding targets
Build 1.5m homes by the end of this parliament - including affordable and council homes
End the onshore wind farm ban
Create a new task force to accelerate stalled housing sites
Support local authorities with 300 additional planning officers across the country
Review planning applications previously turned down that could help the economy
Prioritise brownfield and greybelt land for development to meet housing targets when needed
Reform the planning system
Set out new policy intentions for critical infrastructure in the coming months
Under Labour, business owners in Norfolk and Suffolk are likely to:
see support to the region's manufacturing and industrial heritage
see a re-boot of housebuilding
never pay corporation tax above 25% for the entire parliament
get access to a new business rates system
see 50,000 new jobs ceated in the east via a new state-owned energy company
For more information, please visit: https://labour.org.uk/change/kickstart-economic-growth/
Got a business story for Norfolk or Suffolk to share?
Email Rechenda Smith on rechenda@nurturemarketing.co.uk for inclusion
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