Labour pledges biggest social house building plan since 1960s

Aaron Morby 3 years ago
Share

Labour has pledged to spend £75bn over five years on the biggest council house building programme for decades.

In a promised housing revolution it is promising to fund the building of 100,000 council homes and 50,000 housing association properties a year over five years.

This compares to just over 6,000 council homes built in 2018-19.

The new era of council house building will drain half of the £150bn “social transformation fund” announced by the shadow chancellor, John McDonnell, which will be funded through government borrowing.

The homes will be built to cutting edge design and green standards, with Labour citing the new, award winning Goldsmith Street council development in Labour-led Norwich as an example of what Labour’s modern council housing could look like.

Jeremy Corbyn, Leader of the Labour Party, said the next Labour Government would kick-start a housing revolution, with the biggest investment in new council and social homes this country has seen for decades.

“I am determined to create a society where working class communities and young people have access to affordable, good quality council and social homes.

“Everyone knows someone affected by the housing crisis. Labour is offering real change to fix it.”

He added: “Our investment blitz will upgrade our national infrastructure in every region and nation, and rebuild our schools, hospitals, care homes and housing.

“And we’ll boost the devolved budgets, allowing the Welsh Labour government to build on its success with huge new projects like the Swansea Bay Tidal Lagoon, and putting an extra £100 billion into Scotland to boost the Scottish economy.”

He also said labour would create one million jobs from building wind turbines to insulating homes, from reforesting the Great British countryside to manufacturing new electric vehicles.

Key infrastructure investment pledges


Energy

  • Build 7,000 new offshore and 2,000 onshore wind turbines
  • Enough solar panels to cover 22,000 football pitches
  • New nuclear power needed for energy security
  • Upgrade most of the UK’s 27m homes to the highest energy-efficiency standards

Infrastructure

  • Investment plan to deliver Crossrail for the North
  • Complete the full HS2 route to Scotland
  • Deliver rail electrification and expansion across the whole country

 

Latest news

Worker killed on £683m waste power plant site

Fatal collision involving heavy good vehicle on giant north London site
1 hour ago

Go-ahead for £200m lithium refinery on Teesside

Work to start next year on Europe's first lithium hydroxide processing plant
16 hours ago

HS2 agency workers paid the wrong wages

Payroll software problems leave workers out of pocket
16 hours ago

Electric car whizz joins O’Rourke

Contractor looking to learn tech lessons from other sectors
16 hours ago

Electrical contractors still confident despite staff shortages

Order books healthy but worries grow over margins
14 hours ago

BAM to deliver £44m Yeovil College campus build

BAM will submit a planning application next month to start work later next year
17 hours ago

Bouygues starts London 700-home council estate rebuild

Developer Linkcity seals financial close on Old Kent Road Tustin Estate job
17 hours ago

Construction’s “Leading Lights” recognised

Full details of latest winners of Considerate Constructor Scheme's latest awards
17 hours ago

ISG wins £600m Hertfordshire Hollywood film studio job

Holywood studio Sunset awards pre-construction contract for 90-acre studio complex in Broxbourne
4 days ago

NAO calls for road programme cuts as costs soar

Public spending watchdog calls for roads programme review amid project delays and cost overruns
4 days ago

Kier hires Laing O’Rourke veteran for London office push

Gus Wright takes up new London regional director role in January
4 days ago

VolkerFitzpatrick lands starring role on £174m film studios

Contractor to start main works on Eastbrook Studios in Dagenham
5 days ago

Wates poaches Balfour director to lead North West operation

Sarah Cooke to lead Wates Construction in the North West
4 days ago

£3.4bn Sellafield infrastructure race delayed to New Year

Contest to start in January for four partners in infrastructure delivery shake-up
4 days ago

Rebuilt TBM launches into second HS2 tunnel drive

Balfour Beatty Vinci TBM Dorothy starts second Long Itchingwood HS2 drive
5 days ago

Materials lead times back to pre-pandemic levels

Pinch points around gas boilers to persist until mid-2023 because of shortages of semiconductors
5 days ago

Bond strength helps TClarke towards £500m turnover target

Building services giant predicting a record year in 2023
5 days ago

All-clear for £125m Guildford Debenhams redevelopment

Native Land's St. Mary’s Wharf will comprise 185 homes
5 days ago

Thompsons brings down historic Redcar blast furnace – video

Redcar demolition clears the way for new net zero future
5 days ago

Wolverhampton picks McLaughlin & Harvey for £50m learning campus

Main construction to start next spring on City Learning Quarter
5 days ago

Michelmersh buys offsite brick cladding and chimney maker

Pre-built brick products producer Fabspeed sold for over £6m
5 days ago

Pagabo acquires mental health monitoring business

Framework giant makes move after Moodbeam goes into liquidation
5 days ago

Green light for London timber office block

Construction to start next year on six-storey cross-laminated timber block
6 days ago

Government pushes ahead with £3bn building safety levy plan

Affordable homes projects and small schemes developed by SMEs will be exempted
6 days ago

Rejigged £340m Museum of London plan approved

McAlpine tipped to take £340m job for new museum at Smithfield market
6 days ago

Ex-construction minister joins cladding repair firm

Intelligent FS appoints Lord Richard Harrington after government contracts send turnover surging
6 days ago

Willmott Dixon limbers up for £18m Rainham sports centre

Work to start in April on New Splashes Sports Centre in Rainham
6 days ago

Plans in for BBC’s new home in Birmingham

Project will be one of the first net zero carbon in construction office buildings
6 days ago

McLaughlin & Harvey wins Lowestoft harbour design

Lowestoft Eastern Energy Facility is expected to cost around £25m to build
7 days ago

Van Elle first-half revenue hits record £81m

Piling specialist upgrades full-year profit forecast after strong first-half trading
7 days ago

Contractor services