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...The Treasury said that it had announced a new development corporation for Cambridge at the 2024 Budget to drive forward growth and investment for the local area and the UK economy as a whole....
...In an effort to reduce home-building costs in England, Labour is also looking to reform how land is valued when it is acquired by councils through compulsory purchase orders, forcing landowners to sell plots...
...In some water-stressed areas such as London, meters are already mandatory although social campaigners have raised concerns over the impact on large families on low incomes....
...At present, many potential first-time buyers are unable to get on the housing ladder because of high prices....
...Monaco said: “We are operating in a new era of greater complexity, greater geopolitical risk for corporations, multinational corporations in particular.”...
...Local authorities can resort to compulsory purchase orders....
...This includes the power to purchase at low-cost consented sites that are not being developed....
...Under CVC’s ownership, Teneo has expanded into other areas through acquiring units carved out from larger corporations, including the purchase of the UK restructuring arm of Deloitte....
...In many other areas a new government has the ability to adapt precedent....
...Net mortgage approvals for house purchases rose to 60,400 in February from 56,100 in January, the Bank of England said on Tuesday....
...I was ready to move out of the neighbourhood that I love or put my purchase on hold until I could afford something more expensive,” she says....
...There are also online tools to help people work out whether they can buy in certain areas, such as an interactive map provided by the Canada Mortgage and Housing Corporation....
...Short-term lets and Airbnbs are another source of upward pressure on housing prices, particularly in coastal areas such as Cornwall and Norfolk that are also tourist hotspots....
...Sunak said the Euston Development Corporation will be set up along the lines of the London Docklands Development Corporation established by Margaret Thatcher’s government in the 1980s....
...Under Starmer’s plan, local leaders would bid for sites in their areas to be selected, and the government would set up corporations to take on planning in those regions and make compulsory purchases of land...
...Houchen has been asked by the Department for Levelling Up, Housing and Communities to provide a report by March 8 outlining how he intends to address its 28 governance recommendations....
...Starmer has also proposed the creation of several new towns on land bought under compulsory purchase orders....
...by their purchase frees up housing in the same cities for people on lower incomes....
...Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation, which are asserting their right to pre-empt its purchase...
...Research by the Centre for Policy Research, a New Delhi think-tank, shows spending on education, health and other areas has fallen proportionally....
...Many of the protests have taken aim at immigrants amid rising pressures on housing and public services....
...On top of that, his insurer has just told him it is pulling out of the local area, which is at risk of wildfire....
...Think of the language of planning, which inscribes these prejudices: building control, the greenbelt, brownfield sites, Areas of Outstanding Natural Beauty....
...It is designed to be reconverted easily into more housing if needed....
...One is to ease regulations on land use and zoning that have constrained supply — and to decentralise decision-making and incentives to metropolitan areas, which have the best idea of their needs....
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