Plans to streamline the development approval process have been announced by the Government in a bid to boost developer confidence and stimulate investment in the UK.
The Government will address the barriers to investment that are created by consents for development, other than planning permission, as part of a wider overhaul of the planning and development process.
Business minister Ian Lucas said: “Removing barriers to investment in development projects of all sizes makes sense. Not only do these projects bring value in themselves but they help to stimulate greater business investment and provide a welcome boost to growth.
“Making the planning and consents system as simple as possible, minimising paperwork and costs for businesses, is part of the essential work to make the UK the best place to do business, creating the right conditions for businesses to start up, invest and grow. This review will play a key role in helping to deliver an effective and efficient planning and consents system.”
Recommendations are expected to be put forward by the Government as part of the Budget in 2010, focusing on improving co-operation between agencies and boosting investment by freeing up the process for developers and investors.