
New Chancellor Rachel Reeves Announces Housing Targets, Ends Onshore Wind Farm ‘Ban’
Chancellor Rachel Reeves has announced plans to bring back mandatory housing targets, as well as the end to what has been described as an effective ban on building onshore wind farms. Setting out the government’s plan to “get Britain building again” in her first speech as chancellor, Ms. Reeves said there’s “no time to waste” in boosting economic growth and building infrastructure that the UK needs, including 1.5 million homes in the next five years. The chancellor also said she would present an assessment of the state of public finances to Parliament before the summer recess starts on Aug. 8, and set the date of the government’s first budget “in due course,” which will be sometime later this year, accompanied by a forecast by the Office for Budget Responsibility....
