Daniel Austin comments in The Times on the government’s spending review

The Chancellor Rachel Reeves’ spending review has promised significant funding for social housing and transport infrastructure.

ASK's CEO and Co-founder, Daniel Austin commented:

“The Chancellor’s commitment of £39bn to affordable and social housing is a long-overdue but hugely welcome intervention. This funding, if deployed effectively, could mark a turning point in tackling the UK’s deep-rooted housing crisis. Crucially, investment must now be matched by urgent planning reform, proper resourcing of local authorities, and meaningful support for SME housebuilders." “Labour’s target of 300,000 homes a year has been pledged before but never met. To succeed, this government must take bold, pro-growth steps, freeing up brownfield sites, embracing technology in planning, and ensuring lenders support a broader range of borrowers. Significant investment in transport networks will encourage developers to build near new transport hubs, while more social housing will take pressure off the private rented sector and help balance out prices."

The Times’ Chief Business Commentator Alistair Osborne quoted Daniel in his column and added, “Simply dangling a big figure won’t raise the roof.”

Previous Article