Hints and tips:
...By last week, council offices in the northwestern city were experiencing queues of 70 to 80 refugees every day in search of housing, according to Bev Craig, leader of the Labour-controlled authority....
...Roy Jenkins, a former UK finance minister and EU Commission president, once described inheritance tax as a “voluntary levy,” paid only by those who distrust their heirs more than they dislike the tax authorities...
...The shift to hybrid working has also squeezed the finances of TfL....
...The Housing Act of 1924 delivered over half a million council houses in the following nine years and laid the foundations for the local authority housing that still shapes our towns and cities....
...Economic data: US housing starts are forecast to have risen to an annualised rate of 1.38mn in September, from 1.28mn in August....
...Lucy FisherWilliam, let’s just talk about the state of the local authority finances....
...More up-to-date monthly estimates published by the tax authority have shown a continued surge in IHT receipts....
...Housing became an asset class, leading to gross overdevelopment and unfulfilled promises of affordable homes....
...“There’s a feeling [locals] are being squeezed out,” says Andy Brown, chair of Whitby’s Hospitality Group, comprising local businesses. But there is a paradox....
...It was launched by Gordon Brown and John Major — some pretty hefty heavyweights....
...Save for a rowing machine tucked in one corner, the office is missing some of the usual trappings of high finance....
...“The housing voucher programme gets no cash support from the central bank....
...Gordon Brown was all over the detail at the 2009 COP in Copenhagen and personally helped to save the meeting from failure by throwing himself into the negotiations....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...So since then, local authorities have hired their own private auditors to do their books....
...A likely housing market correction or crash will not help either....
...Laura Swihart, partner, Dechert Laura Swihart is co-head of the firm’s global finance and real estate practices....
...Under Mr Sunak, the Treasury is no longer focused on cutting public debt levels, with ministers now “at the forefront of international thinking” on public finances, according to people close to the situation...
...(Patrick Temple-West) New EU banking rules could dry up fossil fuels’ money pipeline European authorities are likely to adopt a new green finance metric that could cause banks to rethink lending policies...
...I think he was channelling Gordon Brown who said that into his premiership about the tax rate....
...(FXStreet) What else we’re reading Can the lumbering US housing department become a force for change?...
...(FT) Britain’s housing supply must increase Food and shelter are essential requirements of human existence and, as the latter is almost as important as the former, the cost of housing often becomes a political...
...The proposal for a national infrastructure authority with a broader mission could expand, complement or even absorb that climate bank....
...“Our starting point is that local authorities should invest public money in regeneration, housing and delivering services, not in speculative commercial investments which can put local and national taxpayers...
...That judgment is fundamental to staying invested and may need to be revisited if the authorities become complacent about recovery. I see no signs of a fast, V-shaped recovery in the advanced world....
International Edition