Nearly half of all new homes built in England in the next
five years are needed to cope with the influx of migrants, official figures
have suggested. The Government has forecast that high levels of net immigration
will lead to the creation of 95,000 new households a year. But ministers have
only set a target of building 1 million new homes in England by 2020,
equivalent to 200,000 a year. This suggests that almost half will be needed to
help accommodate the expected arrival of 217,000 migrants annually. Read more
on the Daily Telegraph website.
Reeves examines using private sector funds to speed building of new towns
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Chancellor in talks with banks and investment funds about public-private
partnerships to build infrastructure
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