A number of recent publications, including the Food Foundation (2022) and a report published last month by the House of Commons Library, have highlighted that the cost-of-living crisis is disproportionately affecting low income households. Research by Fitzpatrick et. al. (2020) suggests that tenants in the Social Rented Sector are particularly exposed to the impact of the crisis, as it has the highest proportion (60%) of households of three principal housing sectors who may be described as being ‘destitute’ (i.e., unable to afford two or more of a basket of essential items). It, therefore, does not come as a surprise that social housing tenants are finding it increasingly difficult to pay their rent and sustain their tenancies. It is vital, then, to highlight through research their experiences, which is the focus of the 'Holding on to home: tenancy sustainment in social housing' study.
In its Growth Plan, published on 23 September, the Westminster government announced its intention to create Investment Zones across the whole of the UK. The label may be new, but the concept is not. At the core, the new Investment Zones are a new generation of Enterprise Zones – something that has been a feature of the UK’s economic development landscape since the 1980s.
Alongside the White Paper on Levelling Up published on 2 February, the government issued ‘pre-launch guidance’ on the UK Shared Prosperity Fund, intended to replace EU funding to the regions. Details of the UK SPF have been long-awaited, and the fund is intended to be up-and-running this spring. So where do we now stand?
On 3 November the UK government announced a list of 477 successful bids into its new Community Renewal Fund (CRF). The fund supports investment in skills, local businesses, communities and place. The winners across England, Scotland, Wales and Northern Ireland will share a total of £203m, all to be spent by the end of June 2022.