A man experiencing homelessness said he hoped the government would focus on increasing accessibility to housing in its upcoming Budget.

Josh, 26, who is currently a resident at the night shelter Jimmy’s in Cambridge, said the availability of council housing and “move-on housing” – shared accommodation where people can receive support – was important.

Chancellor Rachel Reeves will deliver Labour’s second budget on 26 November.

Cambridge City Council received 1,139 homelessness applications between April 2024 and March 2025, which was a 13% rise on the previous year.

Josh said his focus was to get back into work after he completed his electrician qualifications, which he said were “just as hard as a degree in my opinion”.

He would like to see the Budget include more opportunities for continuing apprenticeships and more financial support for necessities such as course books.

Josh said he recently received a government grant to pay for essential job hunting equipment, such as a mobile phone, boots and suitable clothing.

He added that he would support a rise in taxes if they were spent on investing in public services, “especially the train lines into London”.

Andrew works in the security sector and lives in Peterborough in a home owned by the charity Hope Into Action.

The charity, which was set up in the city 15 years ago, owns 130 houses across the UK.

Andrew has beea living in one of the charity’s properties for two years, after experiencing homelessness for about “three or four months”.

“The charity saved my life,” he said.

He said renting in the private sector “can be expensive” but that people themselves have “got to budget as much as possible”.

Applications for housing to Peterborough City Council are also rising.

In 2024, it was contacted by 3,654 households facing homelessness, which was an 11% jump on the previous year.

And since 7 April this year, there have already been 2,333 approaches – an average of 70 a week.

The authority received nearly £1m last month to help tackle rough sleeping in the city.

Andrew said he recognised that public services needed to be paid for and that if tax rises needed to happen to pay for them then “you’ve got to make good” yourself.

HM Treasury was contacted for comment.

Kotak Mahindra Bank on Friday said its board has approved a sub-division of equity shares in a 1:5 ratio to make the stock more affordable and enhance market liquidity. The decision was taken on the lender’s 40th foundation day and is subject to statutory and regulatory approvals, the private sector bank said in a regulatory filing.Under the proposal, one existing equity share of face value Rs 5 will be split into five shares of face value Rs 1 each, fully paid-up. The lender last conducted a stock split in 2010, when it subdivided shares in a 1:2 ratio, PTI reported.Commenting on the decision, the bank’s part-time chairman CS Rajan said, “As we celebrate 40 years of our journey, we reaffirm our commitment to creating long-term value for our shareholders. This milestone is not just a reflection of our legacy, but a Kotak for the future.”He added that the move is intended to encourage broader investor participation by making equity shares “more affordable and liquid”.Managing Director and CEO Ashok Vaswani said, “Forty years ago, we began a journey rooted in trust and innovation. Today, as we celebrate this remarkable milestone, we also look ahead with a renewed ambition. The decision to implement a stock split echoes our commitment to inclusivity, so that more investors can join us in the Kotak growth story.”The board also approved amendments to the capital clause of the Memorandum of Association to reflect the revised share structure post-split. The change will take effect after necessary approvals from shareholders, the Reserve Bank of India, and other regulatory authorities.The process is expected to be completed within two months of receiving all clearances. Shares of Kotak Mahindra Bank closed 0.51% lower at Rs 2,086.50 apiece on the BSE on Friday.