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Prime minister pledges to ramp up housebuilding

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Prime minister pledges to ramp up housebuilding

The prime minister has pledged to increase housebuilding as part of a package of measures to tackle the cost-of-living crisis and boost the economy. Speaking in Blackpool, Boris Johnson said increasing housing supply was one critical way to reduce bills and promote growth.

Just three in 10 millennials in the UK own their own home, compared to four in France, Foreign Secretary Boris Johnson has said. Since 1970, France has built 16.7m homes, while the UK has only 8.9m, he told the BBC’s Andrew Marr show.

The mayor of London has announced plans to “unlock small sites” for homes, with priority for first-time buyers and key workers. The government will also support self-build and custom-build homes, he told the BBC’s Andrew Marr show.

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The mayor of London has said the government will continue to insist on a 1:1 replacement ratio for homes sold under the Right to Buy scheme. Crossrail could boost housebuilding in London, he told the BBC’s Andrew Marr show at Prime Minister’s Questions.

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