Business groups have warned David Cameron that he cannot expect companies to automatically raise wages to compensate for cuts in tax credits that are likely to be unveiled in the summer budget.
Industry organisations, including the British Chamber of Commerce (BCC) and Institute of Directors (IoD), spoke out after Cameron gave a speech criticising what he claimed was a “welfare merry-go-round” and suggested higher pay should replace tax credits.
There has been speculation that Downing Street could unveil a plan to encourage companies to pay their workers more at the same time as the government announces £12bn of welfare cuts, including reductions to tax credits, next month.
Steve Hilton, Cameron’s former adviser, claimed in a Daily Mail article this week that it was a “complete travesty” that giant retailers like Tesco and Sainsbury’s are making billions of pounds in profits while they are “subsidised by the taxpayer so they can pay their workers a pittance”.
> This is posted as an example partly of the state of affairs regarding unemployment on Wearside (empty trading estates) and the lack of joined-up thinking on planning (no new social housing for those being forced by the Bedroom Tax to downsize).
The council could at the very least demand a percentage of one-bedroomed social housing as part of the development. We seem to have plenty of unaffordable “affordable” housing already.
140 new family homes could be created on the site of a Sunderland industrial park.
Developers are hoping to get planning permission from Sunderland City Council for 140 two, three and four-bedroom homes where Phoenix Tower business park, just off Wessington Way, currently stands.
Bosses said today the houses, in Southwick, will go towards meeting the “crippling” shortage of quality homes on Wearside.
The site has been unused since Stag Furniture closed eight years ago.
Jason Whitfield, senior planner at planning agent England and Lyle, which has submitted the application, said: “This development will provide high quality, affordable family housing in Sunderland.
“The site is highly sustainable and offers access to shops, services and facilities, as well has having excellent transport links. There has been no demand for the site for industrial or commercial uses since the closure of Stag Furniture in 2006. In the meantime the character of the area has changed with Sainsbury’s locating next door.”
A consultation into the plans finishes on Tuesday, April 15.
Source – Sunderland Echo 03 April 2014