Thursday, 3 January 2013

New Homes Bonus 'Draining Resources from North to South'

A new study by UNISON, the UK's largest union, has revealed that the New Homes Bonus Scheme is draining scarce resources away from the recession-hit north, to wealthier parts of the country in the south.  Money for the new homes scheme is deducted from local council grants and then redistributed to areas where most new homes are built which largely depends on decisions made by private developers. Building firms meanwhile are unsurprisingly shying away from poorer areas that have been hit hardest by the recession and choosing to build in areas where the profit potential is greatest. The union is demanding that the Government puts a stop to deprived areas being penalised in this way. Read more on the UNISON website.

No comments: