Cutting affordable housing quotas is a slap in the face for Labour voters
If Labour is no longer in favour of building affordable housing, what exactly is the party for, asks James Ford
Housebuilding in London has ground to a halt. Report after report, statistic after statistic has shown that the number of homes being started and completed in the capital is falling way below the government target of 88,000 new homes a year that is required. The latest report from the Centre for Policy Studies found that in the financial year 2024-25, only 4,170 new homes were started (less than five per cent of the government target). Housing starts per capita in the first quarter of this year were the lowest in London compared to any other region. Data from consultancy Molior projects that the number of new homes under construction in the capital could fall to just 15,000 by 2027 (compared to around 60,000 in 2015-20).
But don’t worry – just like Baldrick, Labour has a cunning plan. Housing secretary Steve Reed and Mayor Sadiq Khan are, © City A.M.





















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