New chancellor Rachel Reeves announces mandatory housing targets 'to get Britain building again'

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New chancellor Rachel Reeves announces mandatory housing targets 'to get Britain building again'
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Chancellor Rachel Reeves has announced mandatory housing targets and an end to the onshore wind ban to get 'Britain building again'.

Chancellor Rachel Reeves has announced mandatory housing targets and an end to the onshore wind ban to get 'Britain building again'. The UK's first ever female chancellor said Labour will create a new taskforce 'to accelerate stalled housing sites in our country'. She promised her government would build 1.5 million homes over the next five years, as pledged in Labour's election manifesto.

Her party had promised during the election campaign a 10-year infrastructure strategy to guide investment plans and give the private sector certainty about the project pipeline and the creation of a National Infrastructure and Service Transformation Authority to oversee schemes. Labour had also pledged to update planning policy to make it easier to build 1.5 million homes, as well as laboratories, gigafactories and digital infrastructure.

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