Saturday, September 4, 2010

Government pares back spending to just the essentials?

£2m boost for Teesside housing

ALMOST £2m is being spent preparing up to 10 sites in the Teesside area for housing. The cash has been allocated by the Government to Tees Valley Unlimited (TVU) through Tees Valley Living to carry out the work. The funding to the regeneration group is one of 45 such payouts across the country from the Government’s Growth Point funding. The money will be spent over the next year on feasibility studies... [Oh I see, not actually building any houses, just throwing money at consultants to tell us that yes, houses need to be built.]

Posted by drewster @ 11:43 PM (1055 views)
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5 thoughts on “Government pares back spending to just the essentials?

  • Similar stories across the country:

    BBC News: Reigate and Banstead council gets development funding
    A Surrey council has been given £1.3m towards the regeneration of two towns. The New Growth Points cash is the final part of a £7.8m fund granted to Reigate and Banstead Borough Council. The government money is to support the regeneration of Redhill and Horley town centres, Preston Estate and new neighbourhoods in Horley. New Growth Points is a government programme to increase new housing supply levels to 240,000 homes a year by 2016.

    I wonder whether this “New Growth Points” programme will survive the October spending review..

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  • Adam Smith Fan says:

    Crazy. You’d think they had money to burn. Especially when you realise that the regeneration would happen without the councils spending (or doing) a thing if the government would just replace Council Tax with Land Value Tax.

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  • It’s always cheaper for governments and companies dealing with government departments to talk about doing something rather than commit to capital expenditure and actually build, make or achieve something. Gives the media something to talk about and makes the voters think you are doing something.

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  • £8m for Reigate council? That’s enough to build about 40-odd houses. Just another 239,960 needed for this year.

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  • drewster: [Oh I see, not actually building any houses, just throwing money at consultants to tell us that yes, houses need to be built.]

    Glad to see it isn’t just me that notices the siphoning off of public funds to overpaid apparatchnicks (sp?) that New Labour have been so fond of.

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