Labour’s candidate for Metro Mayor of the Liverpool City Region, Steve Rotheram, has welcomed the Government’s U-Turn to prioritise spending on house building and infrastructure before deficit reduction.
The Walton MP is calling on the Chancellor to ensure Merseyside and Halton receive its fair share of the proposed £2 billion to speed up the creation of new homes.
Philip Hammond will set out his priorities in a speech at the Conservative Party conference in Birmingham later today where he is expected to announce a raft of new fiscal measures on housing and transport.
Mr. Rotheram, who his set to launch his Mayoral campaign later this month, has warned that the Liverpool City Region cannot afford to miss out on any funding initiative outlined by central Government and says there are growth areas across the region which need addressing.
The Metro Mayor hopeful has welcomed extra funding to support the Accelerated Construction scheme, which aims to get houses built on publicly owned ‘brownfield’ land, for swift development.
However, he believes any announcement should be met with an air of caution. Steve Rotheram said:
“It’s pleasing to see the Government taking up Labour’s argument when we say there should be public investment where there is growth to stimulate the economy.
The Chancellor is expected to announce £2bn in house building funds but London and the South East cannot receive a disproportionate slice of the cake – Liverpool City Region has to get its fair share too.
House building is at its lowest rate since the 1920s and there are growth areas right across Merseyside and Halton that need addressing. This is what I will be reminding Mr. Hammond and Communities Secretary Sajid David when I meet with them in Westminster.”