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Steve Reed

  • 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 [...]

  • Cutting affordable housing quotas is a slap in the face for Labour voters

    October 20, 2025

    If Labour is no longer in favour of building affordable housing, what exactly is the party for, asks James Ford.

  • Build, baby, build? Not without serious property tax reform

    October 20, 2025

    YIMBYs are right about planning reform, but we must also urgently tackle our broken property tax system to beat the housing crisis.

  • Labour delays decision on China’s mega embassy application

    October 16, 2025

    A decision on China’s new mega embassy next to the Tower of London has been delayed to December amid growing concerns that China is interfering with British democracy by spying on MPs and stealing classified information.  The application for the new embassy at the Royal Mint Court site was set to be finalised as early [...]

  • A nine-point plan to get London building

    September 15, 2025

    London’s housing delivery has collapsed due to regulatory delays, high costs, and stalled developments, but fast-tracking planning reform and supporting SME housebuilders could unlock thousands of homes, revive derelict sites, and make housing more affordable, says Paul Rickard London, once the UK’s housing and regeneration powerhouse, has seen the delivery of new homes plunge to [...]

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