Wednesday, July 2, 2025
spot_img
HomePoliticsTreat social housing as critical infrastructure to unlock billions, says Peabody boss...

Treat social housing as critical infrastructure to unlock billions, says Peabody boss | Social housing

Treat social housing as critical infrastructure to unlock billions, says Peabody boss | Social housing

By: Jessica Elgot Deputy political editor | Published: 2025-05-31 11:00:00 | Source: www.theguardian.com

The head of one of the UK’s biggest non-profit housing providers has called for social housing to be classed as “critical national infrastructure”, like roads and energy networks, allowing for billions of pounds in much needed extra investment.

In an interview with the Guardian, the chair of housing association Peabody, Ian McDermott, said it should be reclassified by the Treasury to allow chancellor, Rachel Reeves, to commit extra funds without breaking her fiscal rules.

His intervention comes as 11 of the country’s major providers wrote in a letter to housing minister Matthew Pennycook ahead of next month’s spending review that the government had inherited “the worst housing situation in living memory”.

The housing secretary, Angela Rayner, is said to be fighting for a…

Read More


RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments