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Subject: News Bulletin from Greg Hands M.P. #427
Date: 1 March 2015 19:13
To: news@greghands.com
In this edition:
Greg Hands M.P.s Diary
www.kcfc.org.uk
The Chancellor and the Mayor of London this week set out their sixpoint long term economic plan for London, showing what has been
delivered, what is underway, and what more can be done to make the
city prosperous in the long term.
In speeches at the Tate Modern, the Chancellor and the Mayor set out
the detailed plan to:
1.
2.
3.
4.
5.
6.
There are no quick fixes for achieving these important goals, so the
Chancellor and the Mayor of London are also setting out a specific
timetable to deliver the key concepts of this plan over the five years of
the next Parliament, and the following decade.
Chelsea and Fulham MP, Greg Hands, commented: Our long-term
economic plan is turning London around with 615,000 new jobs in the
private sector since the election and thousands of new businesses
springing up across the skyline. Step by step we are securing a better
future for our capital city.
This plan will help create half a million extra jobs in the next five
years and is part of our commitment to bringing security and
prosperity to families across our capital city. I look forward to us rising
to the challenge for London to outpace the growth of New York this is
the equivalent of making people 600 better off by 2030.
However our best chance of meeting the aims of this plan is to elect a
Conservative government at the next General Election. The choice at
the next election between competence and chaos; between our
long-term economic plan and Labours Ed Miliband, who is just not up
to the job. Labour dont have a plan for Britains future. They would put
all the progress we have made at risk with their call for more spending
and more borrowing.
The Chancellor and Mayor also announced a number of new specific
measures to improve transport links. These include:
announcing an extension to the 24-hour tube routes to include
the London Overground in 2017. The Mayor has also
committed to buying 200 additional new Routemaster buses
this year, and 800 per year from 2016,
asking Transport for London to come forward with prioritised
proposals for exciting new infrastructure projects including
Crossrail 2, the Bakerloo Line extension, the Old Oak
Common redevelopment and the next phase of Underground
upgrades.
Photo news:
council
tax
The Royal Boroughs Cabinet has set its fifth austerity budget.
Over the five year period, the Councils revenue budget will have
shrunk by some 48 million; a reduction primarily driven by falls in
grants from central government.
However, despite those falls, the council tax wont have increased at
all; indeed 2015-16 will be the sixth year of continual freeze. And
residents experience of services wont have changed significantly
either.
Maintaining the range and quality of services, and keeping the council
tax the fifth lowest in the country, has been made possible by a radical
austerity strategy adopted by the Cabinet from 2010 onwards.
The strategy has three components:
Sharing services, notably management, with our neighbouring
boroughs. This will yield savings of 12 million by the end of 2015-16;
Traditional savings and efficiencies which in 2015-16 will amount to
4 million and;
Strong stewardship of our property estate. This is playing an
increasingly important role in our strategy with the result that property
income will rise to 9.5 million in 2015-16 from 3.8 million in 2010-11.
The strategy of sharing, savings and stewardship has again enabled
the Cabinet to protect Council services and actual service reductions
will play no significant part in the 2015-16 budget, which will be
debated by the full Council on 4 March and can be read online at
www.rbkc.gov.uk.
At the same time, thanks to strong reserves built up over many years,
the Cabinet is also able to move forward with a very ambitious capital
programme to secure the future of Kensington and Chelsea. The
projects include a new leisure centre opening in March 2015, the
rebuilding and expansion of three primary schools, new affordable
homes and new extra care housing for older residents.
However as we start to pay some large bills on those projects the
Councils reserves are forecast to shrink considerably, from 160
million next year to 105 million by 2018.
Despite the good news contained in the Council budget, more years of
austerity lie ahead. In his 2014 autumn statement, the Chancellor
revealed that in order to continue to reduce the national deficit, large
reductions in public spending will be necessary and it is likely that
local government will again play a disproportionate role, mainly to
protect funding for the National Health Service and for schools.
The Council has anticipated this and has reduced spending not just in
order to cope during this parliament but in order to be able to absorb
the impact of a second phase of austerity after the general election.
The three Ss of sharing, saving and stewardship have served our
residents very well and are the best means of enabling us to face
some further years of austerity with confidence, said Council Leader,
Cllr Nick Paget-Brown.
Along the way we have faced some testing decisions but those have
so far been about doing things differently rather than not doing them
at all. We mean that to stay the case for as long as we can possibly
manage.
Despite the decision to continue the freeze on council tax, the Council
in January ordered an exception to be made for homes that have
been left empty for two years or more. From 1 April 2015 these will
pay a 150 per cent rate. This will affect about 600 properties of a total
of nearly 88,000 residential properties.
Greg Hands MP commented: "Kensington and Chelsea continues to
be one of the best-run Councils in London, and I congratulate Nick
Paget-Brown and his team on continUing to deliver high quality public
services at a good price."
www.greghands.com