The drastic shortage of housing among working people
could be plugged with a government-backed National Housing Fund of £100 billion
over 10 years, providing up to 75,000 extra new homes a year, a report by the
independent think tank ResPublica has found. The number of new homes totalled
only 143,500 last year – 56,500 less than the 200,000 needed each year over
this Parliament to hit the government’s own targets. In its report, Going to scale: How a National Housing Fund
can unlock Britain’s housebuilding capacity, ResPublica argues that the
private sector will only build at the pace that it can sell but if the
Government acted as a guaranteed buyer of new homes then confidence would grow
and supply increase. Read more on 24housing.
Labour MPs call on Starmer to focus on radical ideas to lower cost of living
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Warnings from group of 104 MPs come amid fears party could lose next
election if voters do not feel better off
The government must refocus on more radica...
5 hours ago
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