1-5 of 5 results for subject:Productivity
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My Lords, do not planning reforms which fail to address land costs for housing development perpetuate a system in which high costs determine affordability of housing for sale? Again, I ask my oft-repeated question: why not examine arrangements in Nijmegen in Holland and Hammarby in Sweden, where housing for sale has been built on land acquired at agricultural prices? Indeed, we could go further by adopting new forms of title which lock in discounted affordable sale prices with occupancy and resale restrictions. We need to think out of the box in this housing crisis.
My Lords, do not planning reforms which fail to address land costs for housing development perpetuate a system in which high costs determine affordability of housing for sale? Again, I ask my oft-repeated question: why not examine arrangements in Nijmegen in Holland and Hammarby in Sweden, where housing for sale has been built on land acquired at agricultural prices? Indeed, we could go further by adopting new forms of title which lock in discounted affordable sale prices with occupancy and resale restrictions. We need to think out of the box in this housing crisis.
My Lords, I have heard my noble friend speak on this issue many times, and he is quite right to point to the restrictions that the value of land places on the system. Of course, we are always looking at new methods of making sure that the houses we need are viable and will deliver the quantity of housing needed, and we continue to explore all avenues to deliver that properly. I hope my noble friend will look at the Planning and Infrastructure Bill: there is progress in there, and I hope he likes what he sees.
My Lords, what lessons did the Government learn from the very excellent paper produced by the noble Lord, Lord Heseltine, on industrial strategy? What decisions are they taking to implement some of its recommendations?
My Lords, what lessons did the Government learn from the very excellent paper produced by the noble Lord, Lord Heseltine, on industrial strategy? What decisions are they taking to implement some of its recommendations?
My noble friend Lord Heseltine undertook a review for the Government on competitiveness in 2012, which was a key part of what fed into our industrial strategy. The point that he made is that it is absolutely critical that we leverage our technical research and that innovation becomes a core part of what we do going forward. We totally accept that and recognise we need to do more. That is why R&D investment from the public sector is at its highest level for 30 years and why we are investing £4 billion in aerospace research and development; it is all to take forward those types of policies.