Reeves vows to 'get Britain building' with new housing targets

Quick Summary:

The new chancellor says Labour is ready to make tough decisions to boost the UK economy.

Last year his government nevertheless estimated that it had built one million new homes in the last five years.

The Conservative government under Boris Johnson set targets for housebuilding in 2019, but these were ditched when Rishi Sunak became prime minister amid objections from Conservative Party members.

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Article Details

Category: Business

Markets: United KingdomSpain

Topics: Plans Housebuilding Targets Years Government Million Housing Reeves Homes Built

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-08 @ 15:43:06 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1032 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 21574224

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 1 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 18 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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