New Chancellor Rachel Reeves to prioritise house building in first official speech

Chancellor Rachel Reeves will make her first major speech in the role today, speaking to business leaders about prioritising house building to build economic growth

Rachel Reeves will meet with finance and green industry business leaders today, where she will outline Labour’s plans to kickstart economic growth through planning reform and boosted house building.

The new Chancellor plans to bring back house building targets and review the National Planning Policy Framework to further unlock infrastructure and private investment.

Reeves will vow to “fix the foundations of Britain’s economy”

Notes from her speech shared ahead of the event include: “Last week, the British people voted for change. And over the past 72 hours I have begun the work necessary to deliver on that mandate. Our manifesto was clear: ‘Sustained economic growth is the only route to improving the prosperity of our country and the living standards of working people.’

“Where governments have been unwilling to take the difficult decisions to deliver growth – or have waited too long to act – I will deliver.

“It is now a national mission. There is no time to waste.”

“This morning I want to outline the first steps this new government has taken to fix the foundations of our economy, so we can rebuild Britain and make every part of our country better off.

“We face the legacy of fourteen years of chaos and economic irresponsibility.

“It falls to this new Government to fix the foundations.”

The post New Chancellor Rachel Reeves to prioritise house building in first official speech appeared first on Planning, Building & Construction Today.

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