{"id":120897,"date":"2023-10-21T08:51:36","date_gmt":"2023-10-21T08:51:36","guid":{"rendered":"https:\/\/lasixlineon.com\/?p=120897"},"modified":"2023-10-21T08:51:36","modified_gmt":"2023-10-21T08:51:36","slug":"rishi-sunak-caves-in-to-eu-housebuilding-rule-frustrating-housing-boom","status":"publish","type":"post","link":"https:\/\/lasixlineon.com\/politics\/rishi-sunak-caves-in-to-eu-housebuilding-rule-frustrating-housing-boom\/","title":{"rendered":"Rishi Sunak caves in to EU housebuilding rule frustrating housing boom"},"content":{"rendered":"

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Rishi Sunak has caved in trying to scrap EU rules blocking house building after suffering a bloody nose at the by-election ballot box this week.<\/p>\n

The Prime Minister, who has been engaged in a diplomatic frenzy in the Middle East, had been hoping to reassure his party at home with some vote-attracting action.<\/p>\n

Labour overturned two large Tory majorities at by-elections in Tamworth and Mid-Bedfordshire on Thursday in a worrying sign for the PM ahead of the General Election.<\/p>\n

And the Telegraph reports Mr Sunak\u2019s hopes to scrap so-called \u201cnutrient neutrality\u201d rules that currently restrict where new houses can be built near rivers have also been dashed.<\/p>\n

The Conservatives had wanted to frame themselves as the party of house builders to attract the first-time buyer vote, but they were defeated in the House of Lords thanks to Labour opposition to binning the EU rules.<\/p>\n

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It now appears there won\u2019t be enough time to push through any new legislation before the next election. One government source told the Telegraph despite the defeat, Labour now looked like \u2018housing blockers\u2019.<\/p>\n

They said: \u201cSir Keir Starmer disgracefully blocked 100,000 homes with local consent being built just to play political games in the House of Lords.<\/p>\n

\u201cThe hypocrisy from Labour over housebuilding stinks \u2013 when push came to shove, Starmer was a blocker, not a builder.\u201d<\/p>\n

Another plan of attack for the Government is underway with tax cuts being considered by raising the threshold for higher earners in the 40 percent bracket.<\/p>\n

It\u2019s reported the threshold for paying the higher rate of income tax could be raised in the 2024 spring budget, just before the country goes to the polls.<\/p>\n

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