Letters to the Editor - 15/11 - Building pressures, Best of Twitter

Building pressures

[Re: The Greenbelt sacred cow: It pens in the poor for no environmental gain, Monday]

It is not only Greenbelt land that is being wasted. There is so much scope for Brownfield development in London. Bishopsgate Goods Yard – a 10 acre plot by Shoreditch that has sat derelict for 50 years – is finally to be replaced by 2,000 new homes and two 55-storey towers. Grosvenor has bought a former biscuit factory site in Bermondsey, which will be used for a further 800 properties. The government should scrap Help to Buy, which is just stoking a housing bubble, and make more of this Brownfield land available to to boost housebuilding.

Name withheld

The low quality of a lot of modern development is itself a consequence of planning restrictions. If the price of land is pushed up to such ridiculous levels, homebuilders are forced to make savings elsewhere.

Kristian Niemietz

[Re: Do not assume that an interest rate rise would be bad for the economy, yesterday]

Well put. Now that growth has returned, we must be concerned with its sustainability. The Bank should ensure stable long-term policy, not short-term booms powered by monetary methadone.

Mark Franklin

BEST OF TWITTER
Interest rates are too low. Forward guidance is looking backwards. Bank is repeating past mistakes.
@rosaltmann

Italian economy has contracted for nine successive quarters. GDP has contracted by 4.8 per cent.
@minefornothing

Worryingly for France in the third quarter: Exports relapsed whereas imports remained on a rising trend.
@notayesmansecon

Director at Siemens highlights only 8 per cent of engineers are women in the UK: lowest in Europe.
@CharlynnePullen