SUMMER BUDGET: Property industry warns of devolution ‘constitutional quagmire’

8 Jul 2015

The British Property Federation has commented on the devolution announcements made in today’s Budget. 

Melanie Leech, chief executive of the British Property Federation, commented: “Today’s devolution announcements are ambitious and encouraging, and show that government really is committed to giving local areas the opportunity to take control of the reins. 

“While Manchester is steaming ahead, it is great to see that other areas are not far behind, with a number of further devolution deals for several regions in the offing. 

“It is critical, however, that we don’t get stuck in a constitutional quagmire and fixate on elected Mayors. The key to success and attracting investment is to have a coherent, positive vision for an area, creating a place where people can live, work and play, and this is not dependent on having a Mayor in place.” 

ENDS