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      OBR warns Healey: Stealth taxes to blame for living standards slump

      John Healey holding the red Budget box surrounded by a crowd outside Number 12 Downing Street.

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affordable homes programme

  • Number of affordable homes started in London plummets

    Property

    The number of affordable homes underway in the capital has fallen far short of expectations as tight regulations and cost pressures make sites unviable. The Greater London Authority has so far completed 871 homes under the 2021-2026 Affordable Homes Programme (AHP), according to its annual housing report. This is just over five per cent of [...]

    Savills has revised its UK forecast for 2025 down to one per cent
  • UK housing market: ‘Not fixed, but less broken’

    Property

    Decades of underinvestment, underbuilding and overegulation have clobbered the housing market. The UK is now short about 4.3m homes, with the worst crisis in cities. Labour, which made solving that crisis a central mission of its first year in government, has made tracks to get Britain building again – reforming planning, trying to bridge the [...]

    Terraced residential houses in south east London. Credit: Dominic Lipinski/PA Wire

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