Rachel Reeves discusses push to build housing

       0 seconds of 4 minutes, 59 seconds Volume 0%

       Press shift question mark to access a list of keyboard shortcuts Keyboard Shortcuts EnabledDisabled

       Shortcuts Open/Close / or ?

       Play/Pause SPACE

       Increase Volume ↑

       Decrease Volume ↓

       Seek Forward →

       Seek Backward ←

       Captions On/Off c

       Fullscreen/Exit Fullscreen f

       Mute/Unmute m

       Decrease Caption Size -

       Increase Caption Size + or =

       Seek % 0-9

       Next Up

       Rachel Reeves discusses development of Old Trafford

       00:56

       x facebook Email Link https://cdn.jwplayer.com/previews/2LlD6D37 Copied

       Auto540p 1080p 720p 540p 360p 270p 180p

       Live

       00:09

       04:50

       04:59

       More Videos

       00:56

       Rachel Reeves discusses development of Old Trafford

       00:45

       GB News panelists criticise Chancellor Rachel Reeves

       01:18

       Jeremy Hunt hits back at Shadow Chancellor Rachel Reeves

       01:01

       Shadow Chancellor Rachel Reeves speaking on Radio 4 Today

       00:58

       Talk TV: Harry Cole suggests Chancellor Rachel Reeves is panicking

       01:45

       Rachel Reeves discusses axeing of winter fuel payments

       Close

       Chancellor Rachel Reeves has announced ￡2 billion to build thousands of new homes in England in a bid to dampen down Labour’s civil war over massive spending cuts to be revealed in the spring statement on Wednesday. Homelessness charity Crisis welcomed the Government’s promise to provide the biggest boost in social and affordable housebuilding in a generation. However sources were reported saying the funding had been announced earlier than planned in an effort to “sweeten the pill” before the spring statement, which could see cuts to education, police and more.

       Conservatives warned that the extra homes would do little to help solve housing shortages because the population is also growing as a result of immigration. Shadow housing secretary Kevin Hollinrake said without cutting the numbers of people crossing the Channel in small boats, there was “simply no way for the Government to stop every single home built with this funding from simply coping with the population growth from illegal migrants, many of who might not even have left Calais yet”. He added: “Only the Conservatives under new leadership will take action to stop illegal crossings and prevent millions from gaining access to social housing.”

       Protein Isn't Enough - Here's What Really Builds Muscle After 60Apex Labs| Sponsored Sponsored

       Undo

       DON'T MISS

       Powered by

       Rachel Reeves says she won't do two things ahead of critical Spring Statement

       3 Comments

       Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze

       14 Comments

       Rachel Reeves faces six-month deadline to revive economy or risk losing her job

       110 Comments

       Rachel Reeves tipped for income tax betrayal as over 10 million may be hit by move

       23 Comments

       Huge personal tax allowance ￡12,570 to ￡20,000 update as plan wins MP showdown

       424 Comments

       Desperate Rachel Reeves makes Treasury power grab with major demand

       34 Comments

       Spring Statement warning over inheritance tax changes to allowances

       1 Comments

       Expert explains 'easy win' alternative to scrapping state pension triple lock

       1 Comments

       Keir Starmer hits UK households with council tax bombshell: 'Day of shame!'

       913 Comments

       Rachel Reeves dealt fresh ￡20bn blow just days before Budget 2025

       237 Comments

       Civil servants given ‘gadget limit' after taxpayer splurge on iPads

       Comments

       Rachel Reeves faces pivotal moment ahead of 'awful April' for taxpayers

       255 Comments

       Millions of older people face tax challenges due to private pensions and savings income

       118 Comments

       Employers' key pension move to avoid NI hike as Brits urged to 'take pay cut'

       Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Click Here

       Undo

       Council tax bills hammer blow as 500,000 will see prices double

       3 Comments

       ￡5,000 council tax warning issued to thousands of households

       12 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Angela Rayner's housing targets dealt another blow - this time by Donald Trump

       60 Comments

       Councils sound alarm on migrant 'crisis' as over 38,000 asylum seekers in hotels

       524 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Rachel Reeves warned to act within days to stop state pension tax bombshell

       181 Comments

       Rachel Reeves dealt huge blow as TalkTV star fumes 'they're ripping the streets apart'

       Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Rachel Reeves says she won't do two things ahead of critical Spring Statement

       3 Comments

       Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze

       14 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Rachel Reeves faces six-month deadline to revive economy or risk losing her job

       110 Comments

       Rachel Reeves tipped for income tax betrayal as over 10 million may be hit by move

       23 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Huge personal tax allowance ￡12,570 to ￡20,000 update as plan wins MP showdown

       424 Comments

       Desperate Rachel Reeves makes Treasury power grab with major demand

       34 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Spring Statement warning over inheritance tax changes to allowances

       1 Comments

       Expert explains 'easy win' alternative to scrapping state pension triple lock

       1 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Keir Starmer hits UK households with council tax bombshell: 'Day of shame!'

       913 Comments

       Rachel Reeves dealt fresh ￡20bn blow just days before Budget 2025

       237 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Civil servants given ‘gadget limit' after taxpayer splurge on iPads

       Comments

       Rachel Reeves faces pivotal moment ahead of 'awful April' for taxpayers

       255 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Millions of older people face tax challenges due to private pensions and savings income

       118 Comments

       Employers' key pension move to avoid NI hike as Brits urged to 'take pay cut'

       Comments

       Council tax bills hammer blow as 500,000 will see prices double

       3 Comments

       ￡5,000 council tax warning issued to thousands of households

       12 Comments

       Angela Rayner's housing targets dealt another blow - this time by Donald Trump

       60 Comments

       Councils sound alarm on migrant 'crisis' as over 38,000 asylum seekers in hotels

       524 Comments

       Rachel Reeves warned to act within days to stop state pension tax bombshell

       181 Comments

       Rachel Reeves dealt huge blow as TalkTV star fumes 'they're ripping the streets apart'

       Comments

       Rachel Reeves says she won't do two things ahead of critical Spring Statement

       3 Comments

       Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze

       14 Comments

       Rachel Reeves faces six-month deadline to revive economy or risk losing her job

       110 Comments

       Rachel Reeves tipped for income tax betrayal as over 10 million may be hit by move

       23 Comments

       Huge personal tax allowance ￡12,570 to ￡20,000 update as plan wins MP showdown

       424 Comments

       Desperate Rachel Reeves makes Treasury power grab with major demand

       34 Comments

       Spring Statement warning over inheritance tax changes to allowances

       1 Comments

       READ MORE: Fury as MPs get ￡2,558 pay rise as Rachel Reeves brings in brutal spending cuts

       The funding ahead of the spring statement is described by the Government as a “down payment from the Treasury” ahead of longer-term investment in social and affordable housing expected to be announced later in the year.

       The Government expects at least half of the 18,000 would be social homes, as charities urged that the “vast majority” should be for social rent amid record highs in homelessness across the country.

       The housebuilding boost is aimed at helping to fulfil the Government’s pledge to build 1.5 million new homes over the next five years.

       Sponsored

       Apex Labs| Sponsored Sponsored

       Protein Isn't Enough - Here's What Really Builds Muscle After 60

       Undo

       Last year, experts at the New Economics Foundation said 90,000 social homes would need to be built by as early as 2027/28 to meet the Government’s target and that by the final year of this parliament, ministers would “need to go beyond this and deliver 110,000 new social homes to ensure 1.5 million homes are built”, amounting to a total of 365,000 social rent homes over the next five years to hit the target.

       The Ministry of Housing, Communities and Local Government said thousands of new affordable homes will start construction by March 2027 and be completed by July 2029. They said the funding will also “unlock development and opportunity” on sites that are ready and waiting for construction to begin in locations including Manchester and Liverpool.

       The Chancellor announced the plans on a visit to an affordable housing site in Stoke-On-Trent with Deputy Prime Minister Angela Rayner.

       Ms Reeves said: “We are fixing the housing crisis in this country with biggest boost in social and affordable housebuilding in a generation.

       “Today’s announcement will help drive growth through our Plan for Change by delivering up to 18,000 new homes, as well as jobs and opportunities, getting more money into working people’s pockets.”

       Deputy Prime Minister Angela Rayner said: “Everyone deserves to have a safe and secure roof over their heads and a place to call their own, but the reality is that far too many people have been frozen out of homeownership or denied the chance to rent a home they can afford thanks to the housing crisis we’ve inherited.

       “This investment will help us to build thousands more affordable homes to buy and rent and get working people and families into secure homes and onto the housing ladder.

       “This is just the latest step forward in delivering our Plan for Change mission to build 1.5 million homes, and the biggest increase in social and affordable housing in a generation.”

       The number of households on local authority waiting lists, or registers, for social housing in England stood at 1,330,611 in 2024 – the highest figure in a decade. The previous highest figure was 1,370,410 in 2014.

       Figures published last month showed that both the number of households in temporary accommodation – a form of homelessness – and the number of children in this situation were at record highs.

       Don't miss...

       Rachel Reeves 'to axe universal free school meals for infants' [LATEST]

       Nigel Farage says real reason for Heathrow closure 'is being withheld... [REPORT]

       Keir Starmer to break promise as scandal of asylum seekers in hotels to continue [REVEAL]

       Trending

       Chancellor Rachel Reeves And Deputy Prime Minister Angela Rayner Visit Housing Development Project I (Image: Getty)

       SUBSCRIBE Invalid email

       We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy

       The number of children in temporary accommodation hit 164,040 as of the end of September – up 15% in a year and is the highest since records for this measure began in 2004. The number of households in temporary accommodation was also at a record high of 126,040, having increased 16% in a year.

       Matt Downie, chief executive of housing and homelessness charity Crisis, said the announcement is “hugely welcome” and hopefully “signals the beginning of a social housebuilding programme that will radically shift this country’s response to homelessness, putting housing at the heart of the solution”.

       Ahead of the spring statement, the Prime Minister told BBC Radio 5 Live on Tuesday that he wanted to “take some money out of Government” and was looking “across the board” at where to make spending cuts.

       Sir Keir Starmer insisted the Government had made “record investments” at last October’s budget and that the statement would not “alter the basics” of public spending.

       He and the Chancellor face a difficult fiscal situation, as Ms Reeves has repeatedly said she will not budge from her fiscal rules, which rule out borrowing to fund day-to-day spending.

       DON'T MISS

       Powered by

       Rachel Reeves says she won't do two things ahead of critical Spring Statement

       3 Comments

       Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze

       14 Comments

       Rachel Reeves faces six-month deadline to revive economy or risk losing her job

       110 Comments

       Rachel Reeves tipped for income tax betrayal as over 10 million may be hit by move

       23 Comments

       Huge personal tax allowance ￡12,570 to ￡20,000 update as plan wins MP showdown

       424 Comments

       Desperate Rachel Reeves makes Treasury power grab with major demand

       34 Comments

       Spring Statement warning over inheritance tax changes to allowances

       1 Comments

       Expert explains 'easy win' alternative to scrapping state pension triple lock

       1 Comments

       Keir Starmer hits UK households with council tax bombshell: 'Day of shame!'

       913 Comments

       Rachel Reeves dealt fresh ￡20bn blow just days before Budget 2025

       237 Comments

       Civil servants given ‘gadget limit' after taxpayer splurge on iPads

       Comments

       Rachel Reeves faces pivotal moment ahead of 'awful April' for taxpayers

       255 Comments

       Millions of older people face tax challenges due to private pensions and savings income

       118 Comments

       Employers' key pension move to avoid NI hike as Brits urged to 'take pay cut'

       Comments

       Learn More: Atopic DermatitisGoodRx| Sponsored Sponsored

       Learn More

       Undo

       Council tax bills hammer blow as 500,000 will see prices double

       3 Comments

       ￡5,000 council tax warning issued to thousands of households

       12 Comments

       The Easy Access Ranchero？ BackpackYETI| Sponsored Sponsored

       Shop Now

       Undo

       Angela Rayner's housing targets dealt another blow - this time by Donald Trump

       60 Comments

       Councils sound alarm on migrant 'crisis' as over 38,000 asylum seekers in hotels

       524 Comments

       Discover Effortless Glucose Monitoring : Request a Free TrialDexcom| Sponsored Sponsored

       Try Now

       Undo

       Rachel Reeves warned to act within days to stop state pension tax bombshell

       181 Comments

       Rachel Reeves dealt huge blow as TalkTV star fumes 'they're ripping the streets apart'

       Comments

       The Easiest Way to Get Your Passport in 2025.GovPlus| Sponsored Sponsored

       Learn More

       Undo

       Rachel Reeves says she won't do two things ahead of critical Spring Statement

       3 Comments

       Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze

       14 Comments

       Learn More: Atopic DermatitisGoodRx| Sponsored Sponsored

       Learn More

       Undo

       Rachel Reeves faces six-month deadline to revive economy or risk losing her job

       110 Comments

       Rachel Reeves tipped for income tax betrayal as over 10 million may be hit by move

       23 Comments

       The New Ultramarine CollectionYETI| Sponsored Sponsored

       Shop Now

       Undo

       Huge personal tax allowance ￡12,570 to ￡20,000 update as plan wins MP showdown

       424 Comments

       Desperate Rachel Reeves makes Treasury power grab with major demand

       34 Comments

       A New Color To CustomizeYETI| Sponsored Sponsored

       Shop Now

       Undo

       Spring Statement warning over inheritance tax changes to allowances

       1 Comments

       Expert explains 'easy win' alternative to scrapping state pension triple lock

       1 Comments

       MD: Building Muscle After 60 Comes Down To This 1 ThingApex Labs| Sponsored Sponsored

       Undo

       Keir Starmer hits UK households with council tax bombshell: 'Day of shame!'

       913 Comments

       Rachel Reeves dealt fresh ￡20bn blow just days before Budget 2025

       237 Comments

       Renew Your Passport Online — Here’s How.GovPlus| Sponsored Sponsored

       Learn More

       Undo

       Civil servants given ‘gadget limit' after taxpayer splurge on iPads

       Comments

       Rachel Reeves faces pivotal moment ahead of 'awful April' for taxpayers

       255 Comments

       Protein Isn't Enough - Here's What Really Builds Muscle After 60Apex Labs| Sponsored Sponsored

       Undo

       Millions of older people face tax challenges due to private pensions and savings income

       118 Comments

       Employers' key pension move to avoid NI hike as Brits urged to 'take pay cut'

       Comments

       Council tax bills hammer blow as 500,000 will see prices double

       3 Comments

       ￡5,000 council tax warning issued to thousands of households

       12 Comments

       Angela Rayner's housing targets dealt another blow - this time by Donald Trump

       60 Comments

       Councils sound alarm on migrant 'crisis' as over 38,000 asylum seekers in hotels

       524 Comments

       Rachel Reeves warned to act within days to stop state pension tax bombshell

       181 Comments

       Rachel Reeves dealt huge blow as TalkTV star fumes 'they're ripping the streets apart'

       Comments

       Rachel Reeves says she won't do two things ahead of critical Spring Statement

       3 Comments

       Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze

       14 Comments

       Rachel Reeves faces six-month deadline to revive economy or risk losing her job

       110 Comments

       Rachel Reeves tipped for income tax betrayal as over 10 million may be hit by move

       23 Comments

       Huge personal tax allowance ￡12,570 to ￡20,000 update as plan wins MP showdown

       424 Comments

       Desperate Rachel Reeves makes Treasury power grab with major demand

       34 Comments

       Spring Statement warning over inheritance tax changes to allowances

       1 Comments

       Discover Effortless Glucose Monitoring: Reques...Dexcom

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       The Easiest Way to Get Your Passport in 2025.GovPlus

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       The New Ultramarine CollectionYETI

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       A New Color To CustomizeYETI

       Undo

       by Taboola by Taboola

       Sponsored Links Sponsored Links

       Promoted Links Promoted Links

       This has led to mounting pressure over how to balance the books – by raising taxes or cutting spending – amid disappointing growth figures and higher-than-expected borrowing.

       Although the Chancellor is expected to announce a series of spending cuts on Wednesday, she has faced calls from some quarters to raise taxes on the richest instead.

       The charity Oxfam is among those calling for a 2% wealth tax on people with assets worth more than ￡10 million, saying a YouGov poll of 2,257 people showed 78% would back such a move, while 77% would rather see higher taxes on the rich than cuts in public spending.