CIPFA response to the summer budget

08-07-2015

The Chief Executive of the Chartered Institute of Public Finance and Accountancy (CIPFA) Rob Whiteman said:

"This is an ambitious Budget from a confident Chancellor but which presents some unique challenges to the public sector."

On housing, Rob Whiteman, Chief Executive of CIPFA, said:

"The reforms to social housing will be of real concern to the sector. This is a result of the uncertain impact of the reduction in social rents and comes on top of the recent 'right to buy' announcement.

"This reduction to rents, while initially driving down costs for central government, will have significant implications for the future stability of the social housing sector. Many organisations will be looking at their business cases and the housing they had hoped to build. Some may now be concerned that their plans are no longer viable.

"If Government want to truly tackle substantial increases in the Housing Benefit bill they must also look beyond the social housing sector and should address the rising cost of rents in the private sector.”

On welfare, Rob Whiteman, Chief Executive of CIPFA, said:  

"The scale and pace of the proposed £12billion of cuts to direct welfare is ambitious. Central government will need to work across the public sector to ensure that protection for those most in need is maintained. The costs of these reductions must not simply be transferred to other public services and the third sector."

On public sector pay, Rob Whiteman, Chief Executive of CIPFA, said: 

"The continuation of the 1 per cent public sector pay freeze will help the government to control departmental budgets but it could also have an impact on some areas of the public sector's recruitment and retention such as hiring children’s social workers."

Contact:

CIPFA Press Office

T: 0207 543 5787

E: matthew.patterson@cipfa.org