Rachel Maclean is out and Lee Rowley is back in, as yet another cabinet reshuffle results in a new Housing Minister.
Category Archives: weekly roundup
Persimmon headcount to reduce by 700 as “highly uncertain” market bites
Several developers publish trading updates this week, with mixed results. Meanwhile, the King’s Speech leaves the industry underwhelmed.
Thousands of construction firms on the brink of bankruptcy
Reports reveal thousands of construction companies facing insolvency due to a slump in the market, as annual house prices fall.
House prices to fall until 2025 as industry recession continues
Lloyds Group predict that house prices will fall in 2024, as the Construction Products Association also downgrades their forecast for next year.
Bellway and Barratt reveal gloomy market forecasts
Barratt and Bellway both publish gloomy trading updates this week, as house price growth in October falls to its lowest level since 2008.
Labour government to reform housebuilding, says Starmer
Sir Kier Starmer pledges to unlock housebuilding at the Labour Party Conference this week. Meanwhile, material merchants see profits hit by poor market demand.
UK planning system under scrutiny as multiple reports published
Several firms issue reports on the broken planning system, voicing suggestions for improvements and highlighting the root causes of ongoing challenges.
New construction coalition formed to tackle industry inequality
Twelve organisations form a coalition to improve equality, diversity and inclusion within the industry.
Anger within housing industry as nutrient neutrality proposals rejected
The industry reacts as proposed nutrient neutrality changes are scrapped, and 150,000 homes remain blocked.
Planning permissions fall to record low
The HBF have reported record falls in the number of planning permissions, as house prices fall in August and Barratt report weak reservation rates.