Boris Johnson speech latest: PM announces housing plan to boost ownership & More Trending News

Boris Johnson will at present announce plans designed to assist decrease earners purchase homes as he seeks to reset his faltering premiership after Monday’s damaging confidence vote.

In a speech in Lancashire, the prime minister is predicted to set out a blueprint which broadly has two foremost planks.

The first is a pledge to prolong the Right to Buy scheme for folks renting from housing associations. The second is to permit folks to use their housing advantages to pay for mortgages.

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Labour chief Keir Starmer mentioned Boris Johnson’s plan to prolong proper to purchase to housing affiliation tenants is “the wrong approach”.

He added: “It’s a reheated version of an idea the government had back in 2015. They piloted it and it didn’t work. It’s reheating an old idea … they really are at the end of the road.”

Boris Johnson is doomed to be ousted by his personal celebration earlier than the subsequent normal election following this week’s damaging no-confidence vote, mentioned former chancellor Philip Hammond.

The ex-cabinet minister mentioned “the writing is on the wall” for the prime minister after 41 per cent of his personal MPs voted to take away him – predicting his authority would “ebb away” over the subsequent few months.

“I don’t think he will lead the party into the next general election. I think a rebellion on this scale is very difficult to survive,” Mr Hammond instructed Bloomberg.

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The Queen has obtained a musical field from cupboard ministers to mark her Platinum Jubilee.

The hand-painted enamel-on-copper musical field, completed with a platinum mount, performs Handel’s ‘Hallelujah’.

The field uniquely photos No 10 Downing Street on the highest and a miniature portrait of all fourteen of the Queen’s prime ministers since 1952 across the sides. These portraits are surrounded by the identical yellow shade discovered on the staircase partitions at No10, which famously characteristic photos of all of the British prime ministers.

On the within lid, an inscription together with the names of the Cabinet.

The authorities expects zero financial profit from the reintroduction of crown symbols on pint glasses, ministers have admitted.

With meals and vitality costs hovering the federal government used the jubilee financial institution vacation to re-announce that crown marks might make a comeback to pub glassware.

But requested about the advantages enterprise minister Paul Scully mentioned the federal government didn’t “anticipate any impact on GDP” from the jubilee measure.

Until 2006 a crown image was displayed on beer glasses to point out that it contained an correct one pint. New EU guidelines from that date nevertheless meant the crown image was now not required, with a European ‘CE’ mark as a substitute wanted.

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Housing charity Shelter have additionally weighed on the federal government’s new dwelling ownership coverage.

Polly Neate, chief govt of Shelter, mentioned: “The prime minister’s housing plans are baffling, unworkable, and a dangerous gimmick. Hatching reckless plans to extend Right to Buy will put our rapidly shrinking supply of social homes at even greater risk.

“For decades the promise to replace every social home sold off through Right to Buy has flopped. If these plans progress we will remain stuck in the same destructive cycle of selling off and knocking down thousands more social homes than get built each year.

“The maths doesn’t add up: why try to sell off what little truly affordable housing is left – at great expense – when homelessness is rising and over a million households are stuck on the waiting list. The government needs to stop wasting time on the failed policies of the past and start building more of the secure social homes this country actually needs.”

Levelling Up Secretary Michael Gove has mentioned new social housing could be produced “instantly” to change houses purchased by low-earners underneath the federal government’s newest housing plans.

Asked on ITV’s Good Morning Britain how shortly new social houses would change these purchased underneath the scheme, Mr Gove mentioned: “Instantly.”

He added: “Overall, we want to be in a position where we’re increasing social homes, increasing the number of homes that are there for ownership, and ensuring that in the stock of social homes as people move from renting to ownership so that we replace those numbers as well.”