Spending review 2025 | Industry reactions

The Prime Minister hopes that Extract will enable planning officers to drastically cut down on the length of time it takes to process data from documents, by digitising information in minutes rather than hours. 

The aim is to make it easier for ports to expand, encouraging economic growth and job opportunities in coastal towns while adding to the country’s green power ambitions. 

The chancellor is set to pledge £15bn of funding for mayoral authorities across the UK at a conference in Manchester today, including £1bn for Teesside and £1.85bn for Tyne and Wear. 

The Mayors of Liverpool City Region, Greater Manchester, London, the North East, the West Midlands and West Yorkshire want to unlock funding for tourism and cultural infrastructure by introducing tailored tourism taxes.

Place North’s invitation-only briefing on the Wednesday morning at UKREiiF explored one of the biggest and most enduring obstacles the property and development industry is seeking to overcome – society’s distrust of the sector.

Enabling faster decisions on small sites and removing obligations for projects of 10-49 homes are among the proposals as the government looks to make good on its 1.5m homes target, with consultation periods now launched.

The North East Mayor unveiled a £14bn pipeline of investment opportunities at UKREiiF, so Place North East caught up with her at the event to discuss her priorities for the region. 

The UK’s minister for housing and planning took to the stage at Leeds to reassure housebuilders that planning reforms will be largely complete by the end of the year – with the warning that the government ‘expects better’ in return.

At a panel event, 23 industrial, commercial, and residential development sites were unveiled, totalling more than 18m sq ft and equating to £4.4bn of investment opportunity.