Tag: shortfall
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Government rejects OBR warning of 200k homes shortfall
The government has insisted its pledge to build 1.5 million new homes by 2029 is still achievable, despite warnings from the UK’s budget watchdog that it may fall short. The Office for Budget Responsibility (OBR) predicts only 1.3 million homes will be built under existing reforms unless unforseen changes are made. However, the government have…
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California high-speed rail project faces $6.5B shortfall, possible federal investigation
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The California High-Speed Rail Authority faces a $6.5 billion funding gap to complete the initial 171-mile segment between Bakersfield and Merced, California, the state’s Office of the Inspector General said in a Feb. 3 report.…