Queen’s Speech impacts developers
By Christopher Bowes
The recent Queen’s Speech has several impacts for developers and property professionals.
In summary, the government’s proposals appear to have the overall objective of speeding up procedures and easing unnecessary bureaucracy involved in infrastructure projects and development more generally. However, the government has at the same time imposed additional obligations, such as zero-carbon standard housing, which may limit the extent to which the objectives are met.
By far the most significant announcement was that the government is to introduce an Infrastructure Bill with the aim of boosting investment in infrastructure and making changes to the planning system in order to ‘improve economic competitiveness’…
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