Carney blames planning system for poor housing delivery

Reports that Bank of England governor Mark Carney has told MPs that the one of the main obstacles to housebuilding in Britain is its 'difficult' planning regime feature in today's newspaper round-up.


The Times (subscription)
reports that Carney told MPs on the Treasury Select Committee that there is no evidence yet of an increase in the numbers of new homes being built as a result of the government’s controversial Help to Buy mortgage guarantee scheme. The newspaper says that Carney said the main obstacles to this "were Britain’s difficult planning regime and the shortage of construction materials".

The Times also reports that a "vast wind farm" in the Bristol Channel could eventually go-ahead using floating turbines after energy developer RWE walked away from a plan to build a fixed-turbine scheme in the area yesterday, partly because of seabed conditions which made it difficult to attach the structures. The newspaper says that landowner the Crown Estate’s head of offshore wind said that floating turbines tethered to the seabed could allow the strong winds in the Bristol Channel to be exploited.

But the Financial Times (subscription) reports that critics have blamed mixed messages from the government on energy policy for the collapse of the RWE scheme. The newspaper says that industry figures and politicians said the Prime Minister’s recent attacks on so-called green taxes were "putting of investors by creating uncertainty".

Gatwick Airport’s chief executive Stewart Wingate has claimed that the Sussex airport deserves to be "the UK’s next runway" as it benefits from a host of new routes to both Europe and emerging markets, which boosted the airport to post a 19 per cent increase in half-year profit, the Independent reports. According to the newspaper, Wingate is adamant that "a new runway here would deliver the routes that passengers actually want at a better price". But, the newspaper adds, "rival voices in the South-East’s aviation expansion debate disagree and some claim that only Heathrow — which is a hub airport with ‘feeder’ short haul flights helping to fill up long-haul planes — would benefit from another runway".

The Guardian reports that 15 months after the end of the 2012 London Olympic games, the first residents have begun to move into the former athletes' village, "now renovated, replanted and rebranded as ‘London's newest neighbourhood’, East Village". The newspaper says that more than 2,800 properties, "from one-bed flats to 5-bedroom townhouses, have had temporary bedroom partitions removed and new kitchens fitted (the athletes all dined together in a communal canteen), ready for occupation not by sporting superstars but by ordinary Londoners".




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