LABOUR STRIKES TENANT ‘RIGHT TO BUY’ POLICY FROM ELECTION MANIFESTO
The Labour Party has ditched its controversial “right to buy” idea to let tenants buy up their landlords’ properties, the Financial Times (FT) has reported.
The party’s top brass reportedly met in London on Saturday night to sign off the pledges for its election manifesto and ruled out the policy.
The FT reported “party figures familiar with the manifesto,” had raised concerns the policy was not workable.
The idea to allow tenants to buy out landlords for a government-set “reasonable price,” was floated by shadow chancellor John McDonnell in September.
McDonnell said at the time the plan could be effected easily.
The party is expected to move ahead with plans to work toward a net-zero carbon economy by 2030, including a pledge to allocate £60bn to upgrade the energy efficiency of the UK’s housing stock.
The FT described the combination of pledges in the manifesto “the most leftwing in recent history.”
I think we can all agree this was one the most ludicrous ideas that Labour or any party for that matter has ever had!
DEMAND FOR CONSTRUCTION WORKERS CLOSE TO 20 YEAR HIGH
The staff shortage in construction is continuing to bite, with 33,000 job vacancies for the period of April to June according to the latest figures from the Office for National Statistics. It is the s ...
2021 BUILDING MATERIALS SHORTAGE: WHAT IS THE PRICE OF BUILDING MATERIALS?
Covid-19, Brexit and booming demand are combining to drive up prices for the essential materials the UK’s construction sector desperately needs. Bluebeam takes a look at the 2021 build ...
MORE THAN 160,000 STILL FURLOUGHED AT END OF APRIL
More than 160,000 construction workers remained on furlough at the end of April, new figures have shown. Data released by the government this week showed that 166,600 roles in the sector were bei ...
CONSTRUCTION LEARNERS TO GET SITE SKILLS CARDS
Construction trainees will soon be given their own skills cards to help oversee work placements. The new Industry Placement Card will help support learners transitioning from the classroom into the ...
NUMBER OF FURLOUGHED CONSTRUCTION WORKERS FALLING FASTER THAN WIDER ECONOMY
Number of furloughed construction workers falling faster than wider economy Latest HMRC data shows size industry’s furloughed workforce shrank by 15% in March The numbe ...
WILL THEY COME BACK? WHY BRITISH CONSTRUCTION LOST ITS EASTERN EUROPEAN WORKFORCE
In recent weeks, a persistent rumour has been circulating about migrant workers in construction. The specifics differ, but the central premise is the same: ‘foreign workers have taken the govern ...