In a wide range of speeches for business leaders explaining how the government will grow, Prime Minister Rachel Reve has outlined many important architectural programs.
In her speech, Reeves emphasized the slow British planning system. She promised the government's guidance on the construction of major projects to support investment other than England's wealthy southeastern part.
One of the outline projects is to redevelop the Old Torford Football Ground in Manchester United.
The Old Tiger Ford Skimm is expected to use public funds to move three railway cargo terminals that block redevelopment.
Mayor Andy Bernam, Mayor of Manchester, has promised the plan to create a secondary soccer campus in the city.
The Prime Minister also talked about the “growth corridor” between Oxford and Cambridge. She claimed to be “European Silicon Valley”.
Linked to this, Reeves announced that Cambridge University plans to open an innovation hub in the city center. You will see the construction of a new home of 4,500 after the Environment Agency drops the opposition.
The industry had a complicated response to Reeves speech.
At the same time, Ryan Etcels's Chief Officer commented: “The promise of the original Silicon Valley, which connects Oxford and Cambridge, is certainly not enough to lock the majority of small and medium -sized businesses in the UK.
“The government's level -up azenda was aimed at growing nationwide. Singling two of the wealthy areas in the UK does not completely answer bigger growth and housing puzzles. 。
North/Southern Divide
“Building a house in the Oxford Cumbridge corridor is one element, but those who do not fit the” perfect mortgage model “are still facing issues. And areas and capital overlooking the areas where most people need to concentrate on their hometown counties are troublesome. “
Darlington Building Society's mortgage distribution Officer Christopherblewit has also won the same line.
“It's encouraging to see the Prime Minister's plan for Oxford and Cambridge to build a” European Silicon Valley, “including the construction of a new home. As a nation, we work on the chronic shortage of housing all over the United Kingdom so that the first buyers can not only buy their own home, but also to shoot their arms in the purchase market. Is important. “
“In our Heartland, the average price, when the first buyer rose to £ 123,000 in November 2024, was 7.8 % higher than the average of 114,000 pounds in November 2023, so this is the beginning. I hope it is an initiative in the UK to use a more affordable house.
Planning process
The Shawbrook Managing Director Terry Woodley in Development Finance commented:
“It's positive to see the Prime Minister's dealing with this through a change plan of workers, but that's not the only answer. I need an approach.
“It's interesting to see the government's proposed next measures. This is a rationalization of a series of national policies for making decision decisions to make the local government planned more appropriately. Includes to do.
“But this does not deal with the recruitment and training of additional planners, or the lack of skills in the sector. The government prioritizes effective and comprehensive plans overhaul and starts progress. It is necessary to release the possibility of fully built in the UK.
Specifically, the Old Toraford Plan Ettsels states: The government plans to support the project from a more broad viewpoint in the region, which will provide great opportunities to houses, commercial investors and developers. “
He added as follows: