Under-pressure housebuilder says drive to increase UK housing stock could generate long-term growth
Business live – latest updates
The under-pressure builder Bellway has hailed the government’s planning system revamp, arguing it will “unlock” new housing across the country, as councils received £68m to construct thousands of homes on disused brownfield sites.
In comments released as it reported a sharp fall in revenues and profits, the UK housebuilder said the drive by the deputy prime minister, Angela Rayner, to increase Britain’s housing stock could help generate long-term growth for the company.
Continue reading…