Nearly three-quarters of local authorities could stop or delay council housing projects due to financial struggles, threatening Labour's ambitious building plans and putting social housing at risk.
The survey revealed that 71% of councils expect to abandon current projects, indicating that many are unable to balance their budgets, a significant issue as the decade ends.
Angela Rayner, Deputy Prime Minister, emphasized the need for Britain to increase affordable housing but faces significant challenges as councils grapple with financial viability.
Sixty-eight percent of councils indicated they would reduce their commitments to new housing projects, reflecting a worrying trend that jeopardizes the envisioned housing revolution.
Collection
[
|
...
]