Published: 24th Nov 2017

With living standards predicted to fall to their lowest levels since records began and social and economic crises mounting up, you would expect a budget commensurate with the challenges ahead. But Philip Hammond’s announcement this week will do little to alleviate the pressures on households, on health and social care and on places, particularly those struggling to find an economic raison d’etre. Some parts of the housing sector welcomed the chancellor’s efforts to tackle the housing crisis. The borrowing cap will be relaxed for councils in areas of high demand, a measure that chair of the Local Government Association Lord Porter said is ‘an important recognition of the role that councils must play to boost homes for families in need’. But he added that the measure does not go far enough, and this feeling was echoed by many for whom this was a budget that did little more than tinker … (To read the full article, subscribe below)