{"id":35584,"date":"2016-11-24T02:15:03","date_gmt":"2016-11-23T19:15:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-mistake-autumn-statement-for-infrastructure-splurge-nils-pratley\/"},"modified":"2016-11-24T02:34:44","modified_gmt":"2016-11-23T19:34:44","slug":"dont-mistake-autumn-statement-for-infrastructure-splurge-nils-pratley","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-mistake-autumn-statement-for-infrastructure-splurge-nils-pratley\/","title":{"rendered":"Don't mistake autumn statement for infrastructure splurge | Nils Pratley"},"content":{"rendered":"


\nDetails are scant and spending is spread over five years, with uncertainty over what government wants to buildDo not run away with the idea that the chancellor has borrowed the clothes of Donald Trump and ordered an infrastructure splurge. Ploughing \u00a323bn into a new national productivity investment fund sounds impressive until you remember that the HS2 high-speed railway, funded separately, is due to cost \u00a356bn at the last count.Remember, too, that the \u00a323bn will be spent over five years, so an average of \u00a34.6bn a year. And note that the spending is weighted towards the later years; in the first year, 2017\/18, the figure is just \u00a32.4bn. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Don’t mistake autumn statement for infrastructure splurge | Nils Pratley<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Details are scant and spending is spread over five years, with uncertainty over what government...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-35584","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9fW","jetpack-related-posts":[{"id":74654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-bosses-must-decide-how-greedy-they-want-to-be-nils-pratley\/","url_meta":{"origin":35584,"position":0},"title":"Persimmon bosses must decide how greedy they want to be | Nils Pratley","date":"December 15, 2017","format":false,"excerpt":"\r Mega-million payouts look appalling amid a housing affordability crisis \u2013 doubly so when bonuses appear determined by luck and subsidy, not just skillLet\u2019s hope the penny now drops for Jeff Fairburn, Persimmon\u2019s chief executive and a man looking to scoop a bonus currently worth around \u00a3110m.The moral to be\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68018,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mays-help-to-buy-extension-is-another-boon-for-housebuilders-nils-pratley\/","url_meta":{"origin":35584,"position":1},"title":"May's help-to-buy extension is another boon for housebuilders | Nils Pratley","date":"October 3, 2017","format":false,"excerpt":"\r Throwing another \u00a310bn at the subsidy scheme will do nothing to improve the UK\u2019s underlying housing problemWhen former chancellor George Osborne launched his help to buy housing scheme in 2013, wise heads warned that, once a government starts subsidising mortgages, it will find it hard to stop.So it is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117948,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-an-idea-that-could-earn-the-government-400bn-in-25-years-nils-pratley\/","url_meta":{"origin":35584,"position":2},"title":"Here's an idea that could earn the government \u00a3400bn in 25 years | Nils Pratley","date":"July 24, 2020","format":false,"excerpt":"\r A capital gains tax on primary residence \u2013 it may be politically toxic but has the virtue of fairnessThe UK\u2019s public finances are \u201con an unsustainable path\u201d, the Office for Budget Responsibility said last week. Since it has been saying as much for years, even before Covid-19 provoked a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-next-for-next-decline-if-it-comes-should-still-be-profitable-nils-pratley\/","url_meta":{"origin":35584,"position":3},"title":"What next for Next? Decline, if it comes, should still be profitable | Nils Pratley","date":"March 24, 2017","format":false,"excerpt":"\r After a near-halving in retailer\u2019s stock market value over 16 months, there\u2019s a fair argument that the gloom is in the pricePanic over for Next shareholders? It\u2019s too soon to sound the all-clear since a steeper decline in profits than last year\u2019s 4% fall to \u00a3790m is very possible\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137481,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-not-pretend-labour-has-found-a-way-to-defuse-the-mortgage-timebomb-nils-pratley\/","url_meta":{"origin":35584,"position":4},"title":"Let\u2019s not pretend Labour has found a way to defuse the \u2018mortgage timebomb\u2019 | Nils Pratley","date":"June 22, 2023","format":false,"excerpt":"\r Starmer and his party seem to have concluded direct support for homeowners cannot be justified \u2013 but it\u2019s smart politics to be seen to take on the banksLabour\u2019s \u201cfive-point plan\u201d to ease the pain in the mortgage market can be boiled down to a single idea: get heavy with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-were-rising-too-fast-bring-on-the-slowdown-nils-pratley\/","url_meta":{"origin":35584,"position":5},"title":"UK house prices were rising too fast \u2013\u00a0bring on the slowdown | Nils Pratley","date":"March 7, 2017","format":false,"excerpt":"\r News that the market is cooling may not please homeowners looking to sell, but we were heading towards dangerous watersEncouraging news from the housing market: cooler winds are blowing. The rate of growth in prices fell in February to the lowest for three-and-a-half years, according to the Halifax\u2019s index.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35584"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=35584"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35584\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=35584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=35584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=35584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}