Updated: Thu, 18 Oct 2012 11:55:03 GMT | By pa.press.net

Bill aims to cut planning red tape

David Cameron has hailed a new £350 million construction project in the heart of London as proof that the coalition's crackdown on planning red tape is working.


The Government has introduced the Growth and Infrastructure Bill to Parliament which aims to cut red tape

The Government has introduced the Growth and Infrastructure Bill to Parliament which aims to cut red tape

David Cameron has hailed a new £350 million construction project in the heart of London as proof that the coalition's crackdown on planning red tape is working.

The Prime Minister said the go-ahead for two major buildings in Victoria would support 2,500 jobs and help get the economy moving.

The announcement came as the Government introduced the Growth and Infrastructure Bill to Parliament.

Ministers claim the package will unlock billions of pounds worth of investment in energy schemes, by easing bureaucratic burdens on developers and employers.

Mr Cameron welcomed the move by Land Securities to start construction on offices and luxury flats at the Kingsgate House site in Victoria.

The British firm decided to go ahead after legislation was changed this week to prevent a planning levy for local infrastructure being double-charged - adding significantly to costs.

"The Bill we are publishing today is all about helping our country compete in the global race and building an aspiration nation where we back those who want to get on life," the premier said.

"We are slashing unnecessary bureaucracy, giving business the confidence to invest, unlocking big infrastructure projects and supporting hard working people to realise their dreams.

"Already the changes we are making to the planning system are having an impact, with Land Securities giving the go-ahead to a major multimillion-pound investment, supporting thousands of jobs in our construction industry."

Land Securities chief executive Robert Noel said: "It is heartening to know that Government has listened to the industry and acted to remove some of the uncertainty in the planning process."

0Comments
10 reasons to make MSN UK your homepage (© Microsoft)

more on msn money

msn money poll

New research has found that families are spending an average of £180 on back-to-school supplies for their kids. Does this tally with your experience?

Thanks for being one of the first people to vote. Results will be available soon. Check for results

  1.  
    15 %
    Yes, that sounds about right to me
    503 votes
  2.  
    19 %
    Yes, but I think school supplies are getting more expensive every year
    656 votes
  3.  
    28 %
    No, the cost of new uniforms, stationery and sports kit takes us well past the £200 mark
    959 votes
  4.  
    38 %
    No, I wouldn’t spend anything like that amount on the little horrors!
    1,276 votes

Total Responses: 3,394
Not scientifically valid. Results are updated every minute.