Discover and read the best of Twitter Threads about #buildingsafety

Most recents (4)

A key plank of Michael Gove's #buildingsafety plan is to get banks to lend to people looking to buy in affected properties.

He stressed that was his goal several times in Commons today...

#cladding #BuildingSafetyCrisis
...Of course, one of the agonies of people caught up in this crisis is that they often can't sell their flat because the banks won't lend a mortgage to a prospective buyer of a property of potentially zero value.

Which means many are effectively trapped in an unsellable home....
...So will the plan unlock bank financing & liberate people?

UK Finance @UKFtweets which represents lenders tells me tonight that Gove's plan is a "positive step"...
Read 15 tweets
Today was my first opportunity to challenge the government as Shadow Leader of the House of Commons. The government controls most of the parliamentary timetable, so weekly Business Questions are an opportunity to scrutinise these decisions closely (THREAD).
Up against my opposite number Jacob Rees Mogg, I first asked about the government’s attempts to restrict voting through their #VoterID proposals. This is a scandalous attack on democracy.
Next, social care. This is more urgent than ever. 659 days since Prime Minister said he had a plan to fix it, 10 years since Dilnot Commission proposed such a plan. When will the govt act?
Read 8 tweets
1/7 The Government’s handling of the cladding crisis has lacked any sense of grip or urgency. We have deep concerns that people are being put at risk, trapped in flammable buildings for a third lockdown, with leaseholders placed in an impossible position.…
2/7 Ministers promised over15 times that cladding costs wouldn't be passed on to leaseholders, but have broken their promises. Labour has tabled more amendments to the #FireSafetyBill to lock into law the principle that leaseholders are protected from unfair fire safety costs.
3/7 Labour is supportive of other amendments which help achieve this goal. The amendment tabled by McPartland and Smith provides welcome clarity on the specific costs that would be prevented from being passed on to leaseholders, but Labour has sought to go further.
Read 8 tweets
@hmtreasury @GOVUK will soon be making a profit out of the #BuildingSafety Crisis! Simple maths for the moment, would welcome help from an economist to validate. Pls share THREAD 👇
£1.6bn of taxpayer funding pledged to #ACM fund (£600m) and #BuildingSafety fund (£1bn) assuming this is all spent @hmtreasury could receive back 👇
£320m in VAT £200m Tax/NI from project workers, £100m Corporation Tax from remediation firms. So £1.6bn becomes £980m. This is further reduced by 👇
Read 7 tweets

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