Latest Business News: Britain's Osborne Plans Three Billion Sterling Boost for Affordable Housing

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Latest Business News: Britain's Osborne Plans Three Billion Sterling Boost for Affordable Housing

Latest Business News: Britain's Osborne Plans Three Billion Sterling Boost for Affordable Housing
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Latest Business News: Britain's Osborne Plans Three Billion Sterling Boost for Affordable Housing

Wochit 1:21 mins

British finance minister George Osborne said that Britain will invest an additional 3 billion pounds ($4.62 billion) in affordable housing in 2015. Rapid house price inflation over the past two decades has made it hard for young people to get on the housing ladder, and a lack of local authority homes has led to long waiting lists. "We're committing over 3 billion pounds capital investment in affordable housing and we will extend the Troubled Families Program to reach 400,000 more vulnerable families who need extra support," Osborne said. Gun manufacturer Smith & Wesson Holding Corp. reported record sales for its fourth quarter and full fiscal year amid a surge in demand for its firearms. After spending 4 seasons on The Good Wife, Julianna Margulies is no stranger to the inside of a court room. But now, the attorney actress will be sitting as a defendant for REAL following accusations from her ex-management firm, D/F management, of not paying them $420,000 in commission fees after they helped land her the role of Alicia Florrick on her current CBS series, as well as a deal to be a L'Oreal spokeswoman.

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