Tag : Budget 2018
Budget 2018: full coverageSubscription
PFI to live on despite Hammond 'axe'Subscription
Infrastructure lawyers are sceptical about chancellor Philip Hammond’s announcement that PFI and PF2 contracts will be abolished
Commentary on the Budget
Local authorities are to receive an additional £675m in co-funding to help redevelop their local high streets, the chancellor has announced.
The chancellor was clearly feeling the hand of history on his shoulder. A new chapter and a turning point were declared as Phillip Hammond informed the house that austerity was now ending just like the prime minister said it would.
Hammond pledges cash for roads and regionsSubscription
A third of extra funding for improving transport links in and around cities will go to areas with mayoral devolution deals
Sir Oliver recommended that build out rates could be increased in providing a greater diversity in the type and tenure of housing on large sites
The chancellor has announced the Treasury will not sign any more private finance initiative contracts, describing the model as “inflexible and overly complex”.
Social care benefits from £650m 'short-term fix'Subscription
Councils have “made a significant contribution to repairing the public finances and this Budget ensures [they] have more resources” to deliver services
Local authorities are to be ”fully compensated” for any loss of income as a result of reductions in business rates, the Treasury has confirmed.