Autumn Statement: Industry reaction

27 Nov 2015

The Chancellor George Osbourne made his Spending Review and Autumn Statement on Wednesday and has drawn quick fire responses from across the industry (read BLM’s reaction on The Policy Blog).

The Chancellor’s decisions on housing benefit and building new houses has produced some debate with a mix of positive and critical reaction. Writing for Housing Excellence, BLM partner Matthew Hyam has shared his thoughts on cuts to housing benefit.

“While targeting housing benefit directly might drive down the welfare bill in the short term, it will inevitably intensify the problems facing social landlords in building new affordable homes.

"Although the Chancellor has made a huge £7bn commitment to affordable housing in this Statement, the impact of cuts on the social sector has already been immense.”

You can read Matthew’s comments in full, along with more reaction, on the Housing Excellence website.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to clients of BLM. Specialist legal advice should always be sought in any particular case.

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