Rachel Reeves plans to increase landfill tax, which could slap £24,000 onto the cost of new-build homes, which will have a new impact on struggling first-time buyers. Industry chiefs fear the Chancellor’s ‘insane’ proposal could see a 36-fold increase to the levy, causing construction costs to soar. Critics have even claimed the ‘development killer’ schemeContinue reading “Rachel Reeves’ Plan To Raise Landfill Tax”
Tag Archives: Construction
BT Tower Sold For £275 Million To An American Company
Following an agreement to sell the Grade-II listed building to an American business for £275 million, London’s iconic BT Tower landmark will become an “iconic hotel.” The Fitzrovia neighbourhood in central London’s communications tower, a landmark for tourists and a point of reference for taxi drivers for many years, was sold to MCR Hotels. Currently,Continue reading “BT Tower Sold For £275 Million To An American Company”
A New ‘Deathtrap’ Pavement Pits Cyclists Against Pedestrians
A new cycle path has been branded a deathtrap that pits cyclists against pedestrians due to its complex layout and absence of adequate signage. The cycle lane on Longport Road in Canterbury, Kent, also switches sides and blocks off the entrance to a historic abbey, sparking outrage from locals, and according to the National FederationContinue reading “A New ‘Deathtrap’ Pavement Pits Cyclists Against Pedestrians”
The Delay In HS2 Construction Will Cost Taxpayers More Than £360 Million
According to internal estimates, a planned delay to HS2 by ministers will cost taxpayers more than £360 million. In March, ministers announced they were delaying by two years the construction of a high-speed section between Birmingham and Crewe in a bid to save money. It’s the latest controversy to hit the high-speed rail project, whichContinue reading “The Delay In HS2 Construction Will Cost Taxpayers More Than £360 Million”