For once the Government seems to have been able to respond quickly to a proposal that has caught the popular mood. As soon as the Prime Minster had announced the plan to scrap the cap on local authorities borrowing on the value of their housing revenue accounts, there was already a queue of eager applicants. It now looks like the new rules may be in place only a month after the initial announcement.
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Some quick footwork on a popular policy
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Thousands more homes pledged by councils under May’s new rules
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As Rachel Reeves delivers her long-awaited Budget, the first by a Labour government for almost 15 years, we summarise the headline items...
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