Theresa May’s conference pledge to invest an additional
£2billion is coming from a cut in spending on other house building programmes,
it has been revealed. The Prime Minister used her speech in Manchester in
October to announce extra money would be pumped in to the affordable housing
budget, as part of her drive to get “government back into the business of
building houses.”But it is not new money, and is instead being raised “by
reducing spending on ‘accelerated construction’ and ‘starter homes’ across the
four years from 2017-18 to 2020-21.” Read more on the Huffington Post website.
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