CBI calls on government to help housebuilders

Business leaders today called for a 'step change' in housebuilding if the UK government is to meet its ambition of a million new homes by 2020.
By The Newsroom
Published 7th Nov 2016, 07:29 BST
Updated 16th Nov 2016, 17:02 BST

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The CBI called for an 'ambitous new way of thinking' to help housebuilders. Picture: Lisa FergusonThe CBI called for an 'ambitous new way of thinking' to help housebuilders. Picture: Lisa Ferguson
The CBI called for an 'ambitous new way of thinking' to help housebuilders. Picture: Lisa Ferguson

The CBI said there should be an “ambitious new way of thinking”, warning that the housing crisis is an “acute problem” for companies as well as being a pressing social issue.

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The government was urged to offer help to small and ­medium-sized housebuilding firms through improved release of public land as well as easier access to finance.

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Josh Hardie, the CBI’s deputy director-general, said: “Solving the UK’s housing shortage has long been a tough nut to crack. For Britain’s businesses, it is far from something confined to the news columns.

“It’s a problem the impacts of which are seen every day, from high prices barring people moving home and deterring them from applying or staying in a job, to the dent it puts in productivity.”

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