Housebuilding
Vistry Abandons Southeast Private Sales After £661 Million Loss
A major UK housebuilder reports steep losses, workforce cuts, and regional contraction despite government funding for affordable units.
Construction Industry
2 articles
Facts first. Parties second.
2 articles
Housebuilding
A major UK housebuilder reports steep losses, workforce cuts, and regional contraction despite government funding for affordable units.
Politics
Labour's housing promises are collapsing under the weight of reality, with new home construction at its lowest in nearly a decade. Despite pledging 1.5 million new homes, actual building has fallen to 201,000—an 8% drop from last year and a 17% plunge from the 2022 peak. The government's housing targets are not just unrealistic; they are symptomatic of a deeper institutional decay that has left Britain unable to deliver even basic functions of a developed nation.