HAMISH MCRAE: Let's find the cash we need to reset Britain's house-building industry
We have a rising population and we need more homes. Interest rates are at an all-time low, so the money is there to build them. It's a bit of a no-brainer.
Construction is a domestic industry with relatively low import content, and it creates a lot of jobs. We may well need a building boom to help keep the economy growing next year.
Despite the present post-Brexit uplift in the economy, the next couple of years are – as the Chancellor acknowledges –likely to be a bumpy ride.
So the scheme to spend £5billion of public money on housing, set out by Philip Hammond and the Communities Secretary... read more
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