Starmer Welcomes £550 Million Investment to Tackle Housing Crisis, Deliver Planning Reform

Published on October 15, 2024

Prime Minister Sir Keir Starmer has welcomed a £550 million housing investment to tackle the housing crisis and get “Britain building again.” Schroders, Man Group, and Resonance announced new impact investment funds on Tuesday. The Treasury said the money, which aims to create a social or environmental impact, will help build tens of thousands of new homes. Speaking to “BBC Breakfast,” Starmer said the government would like to raise the investment volume to over £1 billion. “We’ve said as a government we’re going to fix the foundations, rebuild our country, and expressly saying ‘now is the time to back us.’ “Companies and investors are coming in today saying ‘here’s half a billion pounds.’ We want to raise that, by the way, I want that to be up over £1 billion before too long,” he said....

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