Regeneration in the newspapers: Bradford renewal firm ceases operations

News that Bradford's urban regeneration company has now officially transferred its responsibilities to Bradford Council and reports of a slow uptake of a scheme to encourage the construction of environmentally friendly homes feature in our round-up of today's papers.

Urban regeneration company Bradford Centre Regeneration today officially transfers its responsibilities to Bradford Council, bringing to an end its six-year existence, according to the Bradford Telegraph and Argus. Removal men were yesterday loading desks and filing cabinets into a van outside BCR's offices, the newspaper says.

Just 24 homebuyers have taken advantage of a scheme to encourage the construction of environmentally friendly houses, the Independent reports. The newspaper says that only 24 buyers have taken advantage of the tax break – intended to "accelerate" the building of carbon-neutral homes – since it was introduced in October 2007.

Antonia Senior argues in the Times that it doesn't matter that the gap between rich and poor is growing. What matters, she says, is not the existing of social inequality, but the absence of social mobility. Senior asks: "As long as the poor have not been getting poorer, which they clearly have not, and everybody’s standard of living is rising, why does it matter that the rich are getting richer?"

President Barack Obama has unveiled $8 billion in grants to kick-start the building of a new high-speed rail network in the US, the Independent reports. The first projects to benefit are in Florida, Illinois and California, the newspaper says.

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