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|Comment on today's budget from Richard Pike at Phoebus Software|
|Wednesday, 16 March 2016|
Richard Pike, Phoebus Software sales and marketing director, says “For a budget that claims to be for the next generation there was a disappointing lack of definitive measures to improve what the Chancellor admits is a failure in the UK to provide new housing. If we are the builders, as Mr Osbourne states, what exactly is the government doing to help? The introduction of a more simple way for the younger generation to save is of course welcome, but if they are saving for houses that don’t exist how is this beneficial in the short term?
“No doubt in the coming months the details of how the government intend to speed up the planning system will emerge, but how effective these measures will be is questionable. As far as the budget today is concerned it has left us asking many more questions than it answers – exactly how high up the priority list is the UK’s housing problem?”
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