New World Order? Not Any More

Well thank goodness for the Autumn Statement. Philip Hammond announced £23bn into a new National Productivity Investment Fund (NPIF) which is investment into productivity, including transport, digital communication, research and development and housing. £2.3bn into new housing infrastructure and £1.4bn for new affordable homes, and £1.7bn to speed up construction of new homes on public sector land. Further, £10m to support culture and heritage projects across the UK and a slash in corporation tax to 17% by 2020. His announcement is timely, as these assurances express to developers, particularly those like our clients, that the UK is providing a boost to its own economy, and this is an incentive to developers, housebuilders and architects alike. The Chancellor is stating that it is safe to invest in the UK, and there are a plentiful of benefits for doing business here. With motivations from the Chancellor, and the Mayor of London pressuring his high housing targets, we can once again focus on developing innovative architecture and beautiful designs, ones which are intelligent with its use of space, and those which are geared to help meet provisions for housing which are required, yet are unheard in its delivery.

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