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Steve Reed

  • Labour warned it could miss housing targets over tax burden on sector

    Property

    A leading construction industry body has warned the Labour government could miss its ambitious house building target as employment costs and tax burdens build pressure on the sector. The Construction Plant-hire Association (CPA), which represents more than 2,000 firms providing critical machinery and expertise to the industry, told City AM Labour will fail to meet [...]

    A decrease in repair and maintenance drove the decline in construction
  • Construction recovery remains fragile amid high costs

    Property

    The construction sector is recovering but its growth remains fragile as developers contend with high wages, planning delays and labour shortages.  The industry will grow over the next year due to major infrastructure projects but confidence in the housebuilding and commercial sectors remains shaken, according to a report by construction firm McBains shared exclusively with [...]

    Confidence in the construction sector has fallen to its worst level in nearly three years.
  • Labour accused of ignoring rental housing

    Property

    Chancellor Rachel Reeves has been warned she must “take sharp notice” of the collapse of John Lewis’ housing venture by investing immediately in the build-to-rent sector.  The Association for Rental Living (ARL), the body which represents the build-to-rent sector, has sent an open letter to senior Labour figures calling on the government to develop a [...]

    Rachel Reeves at construction site, inspecting housebuilding progress, highlighting Labours commitment to housing developm...
  • Labour ministers, please stop begging us to celebrate your tiny wins

    January 27, 2026

    The housing secretary has decried newspapers for burying good news, but Labour's tiny upticks in tiny numbers are hardly worth celebration.

  • Construction marks full year of decline in blow to Labour

    January 7, 2026

    The construction sector has now marked one full year of a decline in output, according to a leading survey, blowing a hole in Labour’s ambitious housebuilding targets. S&P Global’s monthly survey showed the sector had fallen under a threshold for neutrality in output for the twelfth successive month.  The reading for December was also the [...]

  • Crane drain: Construction falls to 10-year low

    December 22, 2025

    Commercial property development in the UK has plunged to its lowest level in over a decade, as tighter monetary conditions and sparse demand continue to weigh on construction. According to a fresh analysis from Costar, just 68m square feet of offices, industrial and retail sites was being developed at the end of September, a 16 [...]

  • Housebuilding around train stations to be given default green light

    November 18, 2025

    Planning proposals for homes around train stations will be given an automatic green light in the latest Government drive to speed up housebuilding. Housebuilders will be encouraged to build more homes within a 15-minute walk of transport links, and councils in England will also now be required to tell the government when they intend to [...]

  • Treasury ‘buries’ farming report until after Budget in inheritance tax blow

    November 16, 2025

    A government-commissioned review that shows the financial pressures on the farming industry has been “buried” by the Treasury until after the Autumn Budget, Whitehall sources claim. The review which was carried out by a former president of the National Farmers’ Union (NFU), Baroness Batters, is understood to lay bare concerns among farmers over Chancellor Rachel [...]

  • Reeves urged to fix Britain’s ‘broken credit system’ that’s failing millions of renters

    November 3, 2025

    A coalition of MPs, lenders, fintechs and charities have urged Rachel Reeves to fix the UK’s “broken credit system”, warning that millions of renters are being locked out of home ownership. The Financial Freedom for Everyone campaign, which includes The Money Charity and Clear Score, sent an open letter to Chancellor Rachel Reeves’, calling on [...]

  • Housing secretary Steve Reed ‘overly optimistic’ for betting jobs on housing targets

    October 22, 2025

    The government’s housing secretary, Steve Reed, continues to be optimistic about the chance of a pledge to build 1.5m new homes in England despite mounting concern about delays. Earlier this week, Reed said that he would “absolutely” meet the goal and widespread scepticism would make “celebration all the sweeter”, he told BBC Panorama. “My job should be on [...]

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