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NEWS


Managing Editor James Parker


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FROM THE EDITOR


G


roucho Marx famously said ‘I wouldn’t want to belong to any club that would accept me as a member.” With a similar sentiment, but from the other side of the coin, I suggest that we would be suspicious of anyone who would really want to be Prime Minister at the moment, given the seeming impossibility of success for the current occupant of No. 10.


Somehow, to keep her party happy Liz Truss has to square the circle of cutting taxes, and giving millions of people the support they need through one of the most demanding winters the UK will have faced. Capped energy bills of £2500 are still a huge increase for many families and individuals, not to mention those who might see their mortgages endangered as the interest rates continue to escalate.


While house price rises have arguably been over-infl ated for decades, and a rebalancing is due, that doesn’t mean there won’t be considerable collateral damage, and a big welfare bill, in the meantime. The UK’s productivity (a multi-faceted thing) lags behind that of many European competitors, and infl ation shows little sign of slowing.


But let’s try and fi nd some positives. Truss’ bright-eyed growth plan relies on a big programme of ‘supply side reforms,’ to boost business, from deregulating planning permission to loosening of restrictions in fi nancial services, and the oil and gas sector – including more gas extraction in the North Sea, and pursuing fracking. While some of these are more widely controversial than others, oddly the one that might cause most consternation among Tory ranks in many constituencies is the planning reforms.


Will they really have the courage to seriously open up the ‘green belt’? Often, despite the name, those hotly disputed (often violently so) areas are far from green, and are simply the ‘edge of a town.’


The notorious ‘mutant algorithm’ brought in to speed planning in 2021, brought down the Tory candidate in the Chesham and Amersham byelection. Conservative-voting locals were virtually up in arms at the spectre of their Buckinghamshire properties plummeting in value thanks to new developments.


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The other changes, such as fracking, won’t go down well in leafy areas either, but the planning reforms might be where they really have to work on ‘hearts and minds,’ or if not, the pockets of disgruntled voters.


The problem is, will Liz Truss survive into 2023, and if not, will her successor pick up the baton of these hoped solutions to a host of UK problems? Or will, as ever, a new administration mean reinventing a set of shaky wheels?


James Parker, Editor 10.22 ON THE COVER...


The Idea Factory in Shenzhen is an offi ce scheme by MVRDV which includes a roof full of open air spaces surrounded by a living bamboo wall Cover image © Xia Zhi


THE IDEA FACTORY, SHENZHEN, CHINA A key offi ce scheme in Shenzhen by MVRDV reuses the best of a former textile factory and adds rooftop zones surrounded by bamboo walls


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