Housing: creative solutions

  3 days after the 2024 General Election was called, the Digital Protection and Digital Information Bill failed to proceed before the Parliamentary session ended. This article is left online as a reference point for the future. As the world continues to grapple with the revelations of unscrupulous tax evasion by global billionaires, the UK Government is gearing up to pursue the most vulnerable in society to recover overpaid benefits. In late 2023, the EU Tax Observatory estimated that a modest 2% levy on the world’s 2,756 wealthiest billionaires could generate a staggering £250bn annually . These billionaires collectively hold an estimated wealth of $13tn. The report poignantly highlighted the lack of serious efforts to address this issue, warning that the current situation could potentially undermine the public’s faith in existing tax systems. However, rather than tackling this glaring inequality, the UK government is instead focusing its efforts on the less privileged. It is see...

Everyone deserves a safe and secure place to call home. Yet in England today, a growing number of people struggle to access this basic need. While hundreds of thousands of properties sit empty, the housing crisis deepens. A Growing Problem, a Missed Opportunity But there's a glimmer of hope. Studies show that repurposing empty properties could create up to 40,000 affordable homes within four years. It wouldn't solve everything, but it would offer a lifeline to countless individuals on the brink of homelessness. This is a wasted opportunity. No one should face homelessness when solutions exist. Families with children are crammed into single rooms, forced to prepare for work in drafty cars, or uprooted from jobs and support networks due to a lack of affordable options. The government's inaction on empty properties is unacceptable. Long-term empty homes, vacant for over six months, have skyrocketed to over 248,000 – a 24% increase in just six years. This coincides with recor...

October 2023 and the City of London sees the removal of the cap on bankers' bonuses - a few will now start to receive their Brexit Bonus. Yet this post-EU policy shift stands in stark contrast to the continued squeeze on low-income families through the Benefits Cap. While both measures involve limitations on income, they paint a worrying picture of a widening economic chasm. Proponents of the Bonus Cap lift cheer the return of London's financial clout. They argue that rainmakers deserve their golden parachutes, attracting talent and boosting the sector's competitiveness. But critics warn of a return to the casino culture that fuelled the 2008 financial crisis. Unfettered bonuses, they fear, could incentivise reckless risk-taking, leaving taxpayers on the hook for the next meltdown. Meanwhile, those on the breadline face a different kind of squeeze. The Benefits Cap, in place for a decade and applied to just under half a million households, has had a devastating effect . ...