easier

Budget POLL: Is Boris Johnson right with new pledge to make buying a home easier? VOTE | UK | News

During a rousing speech to the Conservative Party’s online conference, Prime Minister Boris Johnson promised to ”fix our broken housing market” and help young people onto the housing ladder. Mr Johnson said his Tory government would reduce deposit sizes to 5 percent for home buyers as part of a drive to increase the rates of home ownership, especially among the under-40s.

Express.co.uk is asking you is Boris Johnson right to make buying a home easier with this pledge?

The Prime Minister also vowed to “transform the sclerotic planning system” and make it “faster and easier to build beautiful new homes without destroying the green belt or desecrating our countryside”.

Mr Johnson said: “These reforms will take time and they are not enough on their own.

“We need now to take forward one of the key proposals of our manifesto of 2019: giving young, first-time buyers the chance to take out a long-term, fixed-rate mortgage of up to 95 percent of the value of the home – vastly reducing the size of the deposit.

“And giving the chance of home ownership, and all the joy and the pride that goes with it, to millions who currently feel excluded.

“We believe that this policy could create two million more owner-occupiers, the biggest expansion of home ownership since the 1980s.

READ MORE: Coronavirus map LIVE: COVID deaths in England and Wales spike to 215

The Prime Minister promised a revolution in green power generation, reforms to the social care system and improvements in education as he addressed the online Conservative Party conference.

But in the face of Tory unease about the state interventions imposed by the Government to stem the threat of coronavirus, Mr Johnson insisted they were the only steps he could take.

Mr Johnson said: “This Government has been forced by

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U.S. Labor Department could make it easier to treat workers as independent contractors

FILE PHOTO: The United States Department of Labor is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly

(Reuters) – The U.S. Department of Labor on Tuesday said it would soon propose a rule that could make it easier to classify workers as independent contractors rather than employees, a major issue for the “gig economy” and other industries that use contractors to contain costs.

During a phone call with reporters, senior department officials said the rule, if adopted, would provide courts with a “cleaner and easier-to-use process” than the complex multi-factor test currently applied in lawsuits alleging workers have been misclassified.

Independent contractors are not entitled to many of the legal protections afforded to employees, such as minimum wage and overtime pay. Employees can cost companies up to 40% more than contractors, according to several studies.

The labor department will publish a formal proposal by next week, the officials said, and adopt a final rule by the end of the year.

Under the proposal, a worker would be considered a company’s employee if he or she is economically dependent on the company for work. But a worker who operates an independent business and has opportunities for profit or loss would be deemed an independent contractor.

The proposal comes as Uber Technologies Inc and other gig economy firms are challenging a California law adopted last year that makes it more difficult to treat workers as independent contractors.

Uber and courier service Postmates Inc have filed a lawsuit claiming the law is unconstitutional. The companies also have launched a campaign to urge California voters to approve a ballot referendum in November that would exempt app-based services from the scope of the law.

The upcoming proposal by the labor department would not override stricter state laws. But it would likely make it

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