I have heard rumours that the Department for Busines Innovation and Skills (BIS) has some concerns about the current proposals for planning reform such as the Localism Bill. So it's interesting to read Vince Cable writing in the FT on Friday 18th that because of the slowness of the planning system and hoarding of land "we are bent on planning reform, examining innovative ideas such as land auctions". If you have online access to the FT you can read the full article here. The article is a wider argument on the need for the private sector to lead growth out of recession. On land he argues that the market is dysfunctional and distorted by the planning system.

I don't suppose he is proposing that the state asserts land ownership rights, but is this a swifter way to grant planning permission, or is it a way to force land owners to put their land onto the market?