CBI COMMENTS ON LONDON HOUSING ZONES
The CBI commented on the Greater London Authority’s announcement of the construction of nine new housing zones.
Lucy Haynes, CBI London Director, said:
“The announcement of nine new housing zones is a step in the right direction to tackling London’s endemic housing problem.
“The lack of affordable housing to rent and buy is a real headache for the capital and its businesses, many of whose employees are finding themselves increasingly priced out of the city.
“Policymakers of all shades must take bold action to ramp up the supply of new homes. Without it, there is a risk that London’s attractiveness as a place to invest and do business could be undermined.”