The Budget 2014: A Statesman Speaks

Link to the Chancellor's speech on GOV.UK
("Look into my eyes, look into my eyes, the eyes, the eyes,
not around the eyes, don't look around my eyes,
look into my eyes, you're under.")

"In the South East, where the pressure is greatest, we’re going to build new homes in Barking Riverside, regenerate Brent Cross, and build the first new Garden City in almost a hundred years at Ebbsfleet."

Full wording in writing:

"1.144 The government will work with the Mayor of London and the Greater London Authority (GLA) to develop proposals for extending the Gospel Oak to Barking Line to Barking Riverside, and to ensure that any public investment unlocks the construction of up to 11,000 new homes. It will also work with the GLA and the London Borough of Barnet to look at proposals for the Brent Cross regeneration scheme, subject to value for money and affordability."

---

LB of Barnet press release
(Coincidentally, on the same day)

"Councillor Richard Cornelius, Leader of Barnet Council, has welcomed budget announcements that support the two largest regeneration projects in the borough.

"The Chancellor of the Exchequer confirmed that he will be working with the GLA and Barnet Council to support proposals for the Brent Cross Regeneration scheme. He also announced a fund to support the rebuilding of large regeneration estates, citing the Grahame Park Estate in the north of the Borough as a potential beneficiary.

"Cllr Cornelius said;

"The Government has recognised that Barnet is a borough that delivers new homes. We have made the case that with further government support we can secure thousands of new homes at Brent Cross and bring forward the demolition and replacement of the Grahame Park Estate. We have this support. Now it is up to us to deliver.

Treasury support for a new station at Brent Cross funded through financing proposals based on business rate uplift will be a huge boost to that project and I am delighted that persistent lobbying looks like it will result in us being able to bring forward the demolition and replacement of the remaining parts of Grahame Park Estate at the heart of the Colindale regeneration area.

These announcements are the result of many months of careful lobbing by Barnet Council, the Mayor of London’s office and our partners Hammerson at Brent Cross and the Genesis Housing Association at Grahame Park.

“This really is a budget for Barnet."