Tuesday, 13 November 2018

£230m Windfall For Top Builders Since Start Of Help To Buy


The bosses of Britain's biggest builders have been paid more than £230million since the Help to Buy scheme was launched five years ago, the Mail can reveal. The chief executives of seven leading companies including Persimmon, Barratt Developments and Taylor Wimpey have seen their pay triple on the back of the taxpayer-funded subsidy. Profits have also jumped fourfold since George Osborne's housing programme was introduced in April 2013. But the number of new homes built has grown by just 50 per cent. Read more on the This is Money website.

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