Sue Robb of 4Children talks to Julie Laughton and Alison Britton from the Department for Education about the role of childminders in delivering the 30 hours free entitlement.
Construction lag to cause rise in house prices, Nationwide cautions
Building society Nationwide has warned that a delay in building construction is likely to cause an increase in house prices over the coming months.
It said that the demand for homes was likely to rise as a result of a strong labour market, increase in wages and the prospect of interest rates remaining at 0.5 per cent.
Robert Gardener, Nationwide’s chief economist, said: "The concern remains that construction activity will lag behind strengthening demand, putting upward pressure on house prices and eventually reducing affordability."
Nigel Wilson, chief executive of Legal and General, told BBC Radio 5 live: "We are obsessed with owning homes, we are obsessed with house price inflation which is socially exclusive, which isn't good for society and is very poor for young people finding it increasingly difficult to get on the housing ladder."
Data has also found that mortgage lending by major high street banks has increased through 2015, with The British Bankers Association (BBA) mandating that gross mortgage borrowing in December had increased by 24 per cent to £12.4 billion compared to the previous month.
Latest News
16/04/2024 - 10:40
The Scottish Government has announced that more than £9 million will be made available over the next three years to support social care.
16/04/2024 - 10:28
Council tax will be frozen across all of Scotland after Argyll & Bute became the final council to accept Scottish Government funding to keep ra
16/04/2024 - 09:01
Crown Commercial Service has announced that it has saved over £3.8 billion of taxpayer money over the last year, as the organisation celebrat
15/04/2024 - 11:20
The Environment Agency (EA) has set out what it is doing to reduce methane emissions in England in a new Methane Action Plan for 2024 to 2026.
15/04/2024 - 10:49
Hundreds of new electric vehicle (EV) charging points are set to be installed across Swindon.
Company Focus
Brussel Lake Paragon is an esteemed software development company at the forefront of innovation, serving clients with distinction and dedication. With a rich history of excellence and a commitment to pushing boundaries, Brussel Lake Paragon has earned acclaim from esteemed entities such as the Mayor of London, solidifying its position as a leader in the industry.
Event Diary
UKREiiF has quickly become a must-attend in the industry calendar for Government departments and local authorities.
The multi-award-winning UK Construction Week (UKCW), is the UK’s biggest trade event for the built environment that connects the whole supply chain to be the catalyst for growth and positive change in the industry.
The organisers of the world’s largest dedicated hydrogen event, World Hydrogen 2024 Summit & Exhibition have announced it’s return to Rotterdam in May 2024, with an expansion of a whole extra summit day. Sustainable Energy Council (SEC) are partnering with the Government of the Netherlands, the Province of Zuid-Holland, the City of Rotterdam, and the Port of Rotterdam to host an extended, larger scale Summit in 2024, to expand the event to meet the surging demand.
Supplier Profiles
At GeoEnergy Design, we're on a mission to disrupt the traditional way heating and cooling ha
In the heart of our community, Waste Management stands as a testament to sustainable environmenta
Latest Features
Professor Harith Alani, director of the Knowledge Management Institute at the Open University explains how AI can be used for good and bad.
Alex Lawrence, head of health & social care, techUK sets out techUK’s Five Point Plan for CareTech.
