The Government is breaking its promise to ensure that a
new council house or flat is built to replace every one sold to tenants,
official figures have revealed. When the Coalition announced a new Right To Buy
drive, ministers pledged to ensure that there was no net loss of council
housing. But so far the Government’s own statistics suggest that building work
on only one new property has been started for every seven local authority homes
sold to tenants. In the 2012-13 financial year and in the year to date, 10,954
council homes have been sold under the scheme, but only 1,662 replacements were
started in the same period. Read more on the Independent website.
UK construction activity falls at fastest pace in nearly five years – report
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Most economists had expected activity to rebound in February but S&P Global
construction PMI slumped to 44.6
Steep declines in housebuilding and engineer...
3 hours ago
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