Treasury Hit As Council Housing Demand Grows

Demand to build council homes is far exceeding government expectations, putting pressure on the Treasury to release extra cash as part of the spending review next month. The pressure amounts to an end to the 20-year effective moratorium on council house building, amid a new cross-party consensus to build council homes. Nearly 90 local authorities have bid to build a further 3,500 council homes as soon as possible. The CLG had planned and budgeted for a demand to build 1,200 homes. Find the full story on the Guardian website