Boris Johnson’s election pledge to build 300,000 new houses a year is in serious jeopardy in the face of labour and material shortages that are causing major disruption across the economy, industry figures have warned. A commitment to reaching the target by “the mid-2020s” was included in the last Tory manifesto as a key part of the party’s offer to increase home ownership to relieve the housing crisis. However, analysts already believe it is “almost impossible” to meet the manifesto pledge under the current conditions. Construction firms have complained of unavailable transport, a severe lack of materials and continued staff shortages among bricklayers, drivers, ground workers, joiners and plumbers. Read more on the Observer website.
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Exclusive: Sources say chancellor is examining exceptional measures to
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