60 Seconds: Javing it large

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Javing it large

Morning,

Ever wondered whether Communities Secretary, Sajid Javid, is a real contender for the next leader of the Conservative Party?

Well I have… not because he has started sharpening his knife (like Bo-Jo), but because he is one of the few Cabinet Members currently doing a good job.

Speaking on the BBC’s Andrew Marr show, Mr Javid called for £50bn worth of funding in next month’s budget for social housing. Specifically, he said there needed to be a distinction between “vitally important” deficit reduction and “investing for the future” in housing and infrastructure.

Putting that into context, he said the Government should “absolutely be considering” taking advantage of the “record-low interest rates” we currently have and borrowing money to build homes.

Javing-it-largeIn true Oliver Twist style, The Chancellor has responded to this latest request imitating Mr. Bumble: “He wants some more?!”.

Javid’s rebellious streak is becoming ever-less surprising, particularly since he told the Observer: “we shouldn’t have banged on about Brexit” and expressing his lack of support for Prime Minister May in a recent interview.

In fact, the most surprising outcome of Javid’s interview with Marr is Jacob Rees-Mogg’s reaction. Unlike some of his other more controversial views, his opinion on housing actually seems to reflect modern-day society.

He said that borrowing more money would be “putting the cart before the horse”. First, our “gummed up” planning system needs to be overhauled. He even said the idea of building on green fields “is extremely welcome”.

Good luck to him promoting the development of green fields in his constituency – North East Somerset… rather you than me, ol’chum!

Will Javid soon be joining Rees-Mogg as one of the so-called ‘favourites’ for next Conservative leader? Or will he be simply smacked down by Mrs. May and Mr. Bumble? Given the current turbulent political landscape, I’m sure it won’t be long until we find out.

Have a great weekend.

Tom


The cap’s out of the bag

Theresa May performs major U-turn on plans to cap housing benefit

Building for the future
Borrow to invest in new homes, says Sajid Javid

Borrow to build bungled?
Philip Hammond plays down £50bn housing boost in Budget

Planning to eradicate the Green Belt?
Jacob Rees-Mogg says Britain’s green belt fields must be built on as he blasts Sajid Javid’s plans to borrow £50bn to kickstart housebuilding

NHS Airbnb
NHS considers Airbnb room rental plan

Housing applications boom
UK housing starts on track for 10-year high – industry group

Gazumpgate 
What is ‘gazumping’?

And Finally…

Apocalypse for the rich 
These fancy doomsday shelters for the 1% make Armageddon sound pretty nice


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