Rents in England branded unaffordable for young people on minimum wage

Rents in England ‘unaffordable’ for young people working on minimum wage, as average home accounts for nearly three quarters of earnings No region of England has rents that are affordable for under-25s working full-time on minimum wage, according to research from a major mortgage lender On average, 71% of their wages would have to go towards … Read more

Bristol mayor says Colston statue toppled over ‘unaffordable housing and gentrification’

Bristol mayor says toppling of Sir Edward Colston statue was fuelled by ‘years of unaffordable housing, gentrification and being left behind’ Marvin Rees was giving evidence on ‘physical heritage’ to the DCMS Committee He said statue toppling in Bristol in June was not ‘all about the Colston Statue’ Suggested issues like ‘unaffordable housing and gentrification’ … Read more

Armed forces´ equipment plan `unaffordable´, watchdog…

MoD’s equipment plan has £13bn funding black hole meaning military may not be able to expand its F-35 fighter jet fleet, watchdog warns MoD’s predicts £183.6b spending between 2019 and 2029, an overrun of £2.9b However in the ‘worst-case scenario’ this extra spending could rise to £13 billion NAO warned reluctance on ‘difficult decisions’ means … Read more