The government’s programme to give councils extra
borrowing capacity is set to be totally overwhelmed in London, with the
majority of the capital’s town halls readying large bids. Ministers have agreed
to give councils in areas of “high affordability pressure” across England £1bn
of additional Housing Revenue Account (HRA) borrowing headroom, with half the
money reserved for those in the capital. Of the 28 London boroughs with HRAs,
all but seven confirmed they are intending to bid by the 30 September deadline.
Inside Housing understands that two local authorities alone are gearing up to
request around £350m between them. Read more on Inside Housing.
Ex-director who oversaw Grenfell cost-cutting leaves council housing role
after backlash
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Survivors had criticised ‘outrageous’ appointment of Laura Johnson to
£150,000 job with Barnet Group
A housing director who oversaw cost cutting at Grenf...
3 hours ago
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