Autumn's Putney Paper
When I launched my campaign to become MP for Putney last Summer I made housing my Number 1 priority. That was before the US sub-prime mortgage catastrophe started the problems in the entire financial sector. Labour in government has worked up the model the rest of the world is now adopting to refinance the banking industry and, simultaneously, offer help to hard-pressed home owners and those needing affordable housing. In stark contrast the only national tax policy the Conservatives have announced is to lift those with estates of £2million out of paying Inheritance Tax. This is just one of the many contrasts I draw in "A Tale Of Two Putneys", the cover story of the Putney Paper. The edition also reports on the Putney Place planning application and the lack of any plan from the Conservatives to ensure our area isn't swamped in such over-development plans. And we report on the findings of my survey of Roehampton residents on the Council's unpopular redevelopment plans for Danebury Avenue. I want the council to listen to what Roehampton wants and stop trying to railroad through their plans. You can download my Roehampton report using the link opposite, and read the latest edition (and earlier versions) of The Putney Paper online here. No time for a novice  We are the subject of extraordinary international economic circumstances that threaten all of us – whether we are mortgage holders, savers or shareholders.
This week Gordon Brown and the Government took decisive action to ensure the UK banking system remains on a sure footing in the face of continuing and exceptional instability across the world’s financial markets. These plans were met with widespread approval from the banking sector and the financial world more generally. The Government is committed to doing whatever is necessary to protect the stability of the UK economy, to protect the jobs, assets and livelihoods of the working majority across Putney, Roehampton & Southfields. We need decisive action: and in the government’s rapid response to protect British investors in Icelandic banks; to shore up HBOS and Royal Bank of Scotland and, at the same time, impose clear terms that repay the public for the help we’ve given the financial sector, we’re getting it. These are early days and the country’s path out of this economic crisis will not be a simple one. With oil prices now declining – which should lead to cheaper food and energy prices – inflation is less of a concern. So I am among those calling for the Bank of England to reduce interest rates to help ease the financial burden on struggling homeowners. Earlier this week, one of the world’s leading economic experts, Paul Krugman, who has just won the Nobel Prize for Economics, said that “the Brown Government has shown itself willing to think clearly about the financial crisis, and act quickly on its conclusion”. The UK response has defined the character of the European and now the US response. Gordon Brown is quite clearly the politician with the experience and understanding to be able to tackle this global problem; as leaders and experts from around the world are acknowledging. This is no time for a novice.
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Putney Place update Elliott improves Tory Mayor to miss targets for affordable homes Safe as houses Guardian report on Putney Place Cycling events coming soon The Putney Place meeting ..................................... What Roehampton wants Download Stuart's detailed analysis of the results of his Danebury Avenue redevelopment survey. Click on the image below.
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Published and promoted by Adam Gray on behalf of Stuart King, both of 35 Felsham Road, Putney, London SW15 1AY
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The Autumn edition of my Putney Paper has just been published.
