Thursday, July 12, 2007

Government get it wrong


The House of Lords have again voted against the Corporate Manslaughter Bill because it does not include the public sector. Justice Minister Maria Eagle said the government accepted the principle of including deaths in custody and the scope of the legislation could be extended in the future to cover deaths in custody or on specified premises.

While Gordon Brown announced that he wants 3 million new homes by 2020 he seemed to be making it hard for himself to achieve that goal seeing as has said that he is considering making developers who build on flood plains liable for insurance cover for 20 years. To me that just sounds like developers will either stop building so many houses (which will hamper his goals) or they will charge even more for houses in a market which is already overpriced which will mean that the price of houses will not go down no matter how many are built making it even more difficult for first time buyers to get on the property ladder.

1 comment:

Bag said...

As far as the houses goit willmake littledifference. They are in it for the money. As long as they factor in the additional costs and it stillmeet the ROI then they will go for it. Costs of building against selling pricemeans there will still be the same amount built.

Of course Gordo now gets 5% insurance tax as well on all those houses.