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What Can Employers and Workers Expect From the Labour Government?
Nikola Southern
Rachel Reeves gave her first speech as UK Chancellor, addressing the future of UK housing under the Labour leadership. She mentioned the importance of sustainable development, affordable housing, and innovation in the property sector.
Daniel Browne, Partner in our Real Estate & Construction team, commented stating that:
Today's announcement by Rachel Reeves will be very welcome to our developer clients. A promise to increase planning officials across the country will help to ease delays in planning decisions but the real game changer is the review of greenbelt land. This will create new opportunities to build more houses, new towns and commercial hubs and should unlock investment and economic growth, first through a build and construction phase then later through the new purpose area when complete. With a rising environmental lobby this may not be all plain sailing but developers will certainly be thinking afresh from today about the possibilities ahead and where they might be able to access land and spaces that was previously off limits."
Please click here to view Daniel's commentary in The Guardian.
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