7.3 C
London
Friday, December 2, 2022

Boris Johnson considers giving housing association tenants the right to buy

Must read

Inaki Williams – Wiki, age, girlfriend, net worth, height, career

Inaki Williams Arthur is a professional footballer who was born on June 15, 1994. He plays as a striker for Athletic Bilbao in La...

The curious case of companies commanding high valuations with low earnings

The Burgundy Private Hurun India 2022 list includes 61 companies with a turnover of less than ₹1,000 crore in FY22.The company with the greatest...

Susan Brown: The Untold Facts About Mike Bloomberg’s Ex-Wife

Susan Brown is an ordinary British woman who achieved great fame after marrying a billionaire businessman turned politician Michael Bloomberg. He is a...

Tata Power invests Rs 6,000 crore in 5 years of Odisha in EV charging, microgrids and more

Tata power CEO and MD Praveer Sinha announced a Rs 6,000 crore capital investment by the company in Odisha. Speak at Make in...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

The Prime Minister told officials to draw up the plans in the last fortnight to help young people struggling to get on to the property ladder in England, the Telegraph reported.

The proposal for renters to be able to purchase their social homes at a discounted price is not new, having appeared in David Cameron’s 2015 Conservative manifesto.

Though that plan failed to materialise, Mr Johnson committed to consider new pilots for the scheme ahead of the 2019 general election.

His bid to revive the plans were pitched as being inspired by Margaret Thatcher giving council tenants the right to buy in 1980.

But it came as the Tory campaign for Thursday’s local elections was hit by a fresh scandal on top of partygate.

Conservative Neil Parish said he would resign as the MP for Tiverton and Honiton after admitting twice watching pornography in the Commons.

On Sunday, Business Secretary Kwasi Kwarteng insisted Mr Johnson would “absolutely” remain leader no matter how badly the Tories fared in the council elections.

Pressure was also on Sir Keir Starmer to lead Labour to significant gains when polls in 200 local authorities across Britain open on Thursday.

Details of the latest proposals were thin, with questions remaining about how housing associations would be compensated and how their stock would be replenished.

The Telegraph suggested a connected idea being considered is for Government spending on housing benefit to be used to help recipients get mortgages.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Inaki Williams – Wiki, age, girlfriend, net worth, height, career

Inaki Williams Arthur is a professional footballer who was born on June 15, 1994. He plays as a striker for Athletic Bilbao in La...

The curious case of companies commanding high valuations with low earnings

The Burgundy Private Hurun India 2022 list includes 61 companies with a turnover of less than ₹1,000 crore in FY22.The company with the greatest...

Susan Brown: The Untold Facts About Mike Bloomberg’s Ex-Wife

Susan Brown is an ordinary British woman who achieved great fame after marrying a billionaire businessman turned politician Michael Bloomberg. He is a...

Tata Power invests Rs 6,000 crore in 5 years of Odisha in EV charging, microgrids and more

Tata power CEO and MD Praveer Sinha announced a Rs 6,000 crore capital investment by the company in Odisha. Speak at Make in...

Sienna Princess Wilson – All about Ciara and Russell Wilson’s daughter

Sienna Princess Wilson (aka SiSi) is the daughter of a multi-talented singer, songwriter and actress Ciara Princess Wilson who is best known by her...