Britain’s biggest housebuilders possess enough land to
create more than 600,000 new homes, an analysis by the Guardian has found,
raising questions about whether they are doing enough to solve the housing
crisis facing Britain. The nine housebuilders in the FTSE 100 and FTSE 250 hold
615,152 housing plots in their landbank, according to financial disclosures.
This is four times the total number of homes built in Britain in the past year.
Berkeley, Barratt, Persimmon and Taylor Wimpey – the four biggest companies in
the industry – account for more than 450,000 of the plots. They are also
sitting on £947m of cash and declared or issued more than £1.5bn in payouts to
shareholders in 2015. Read more on the Guardian website.
Polls open in Clacton, where Farage spent more than £10,000 in byelection
against Count Binface – as it happened
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The Reform UK leader resigned as the MP for Clacton at the start of July
and forced a byelection
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