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Angela Rayner has insisted the government can meet its target to build 1.5m homes over the next five years as ministers pledged an extra £350m for housebuilding.

An extra £300m has been injected to the affordable homes programme, a move ministers believe will allow 2,800 additional homes to be built.

More than half of these extra homes will be for social rent, the government has said, while more than 250 council homes are expected to be made available through a £50m boost to the local authority housing fund.

The scale of the challenge is stark, with more than 123,000 households in temporary accommodation – including nearly 160,000 children – while almost 6,000 families with children are in bed and breakfast accommodation.

Asked whether she was worried about whether the government could meet the 1.5m homes target, Ms Rayner said she was “determined” to meet the challenge.

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A construction worker uses a tape measure on the construction site of residential buildings in Worcester, Britain December 5, 2024. REUTERS/Temilade Adelaja

“We will meet that target because we can’t afford not to,” she told broadcasters.

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“We have 1.3 million people waiting on housing waiting lists, there isn’t a person listening to this show that will not know somebody who is desperate to get on the housing ladder.

“So, therefore, we’re determined to turn that tide.”

And pressed on whether the expected 250 increase of council homes was a big enough increase to meet the need, Ms Rayner said: “We think the measures we’re taking will unlock thousands more council and social homes as part of that programme. We want to help councils who want to build those homes.

“We see 160,000 children in temporary accommodation, and the cost of that on local authorities is significant, as well as the impact on children’s life chances,” she said.

“So we need to build the homes, and we’re doing everything we can to turn the tide of decline and build the houses that people desperately need.”

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What are Labour’s housing plans?

The extra £350m promised comes on top of £500m that was earmarked for affordable housing in October’s budget.

According to housing charity Shelter, at least 90,000 social rent homes would need to be built each year for the next 10 years to clear most social housing waiting lists in England and to house every homeless household.

A report by MPs last month found that a record number of children are living in B&Bs beyond the legal limit as England’s homelessness crisis pushes councils to breaking point.

MPs on the Public Accounts Committee (PAC) said there was a “dire need” for housing reform, with the lack of affordable homes forcing cash-strapped local authorities to haemorrhage their funds on temporary accommodation.

A recent Sky News investigation found that children in some parts of England were spending as long as five-and-a-half years on average in temporary accommodation.

The length of stay has increased significantly in many areas since 2021, with particularly long stays in London and the South East.

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Elsewhere, ministers are expected to set out plans to crack down on exploitative behaviour by rogue landlords who they say are costing the taxpayer by claiming uncapped housing benefit in return for providing homes that are unsuitable.

Last week the government announced that a law to force social landlords to investigate and fix hazards within a set timescale will be phased in from October.

The legislation is named after two-year-old Awaab Ishak, who died in December 2020 from a respiratory condition caused by prolonged exposure to mould in the social home his family rented in Rochdale, Greater Manchester.

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Crypto’s path to legitimacy runs through the CARF regulation

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Crypto’s path to legitimacy runs through the CARF regulation

Crypto’s path to legitimacy runs through the CARF regulation

The CARF regulation, which brings crypto under global tax reporting standards akin to traditional finance, marks a crucial turning point.

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Tokenized equity still in regulatory grey zone — Attorneys

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Tokenized equity still in regulatory grey zone — Attorneys

Tokenized equity still in regulatory grey zone — Attorneys

The nascent real-world tokenized assets track prices but do not provide investors the same legal rights as holding the underlying instruments.

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Rachel Reeves hints at tax rises in autumn budget after welfare bill U-turn

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Rachel Reeves hints at tax rises in autumn budget after welfare bill U-turn

Rachel Reeves has hinted that taxes are likely to be raised this autumn after a major U-turn on the government’s controversial welfare bill.

Sir Keir Starmer’s Universal Credit and Personal Independent Payment Bill passed through the House of Commons on Tuesday after multiple concessions and threats of a major rebellion.

MPs ended up voting for only one part of the plan: a cut to universal credit (UC) sickness benefits for new claimants from £97 a week to £50 from 2026/7.

Initially aimed at saving £5.5bn, it now leaves the government with an estimated £5.5bn black hole – close to breaching Ms Reeves’s fiscal rules set out last year.

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Rachel Reeves’s fiscal dilemma

In an interview with The Guardian, the chancellor did not rule out tax rises later in the year, saying there were “costs” to watering down the welfare bill.

“I’m not going to [rule out tax rises], because it would be irresponsible for a chancellor to do that,” Ms Reeves told the outlet.

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“We took the decisions last year to draw a line under unfunded commitments and economic mismanagement.

“So we’ll never have to do something like that again. But there are costs to what happened.”

Meanwhile, The Times reported that, ahead of the Commons vote on the welfare bill, Ms Reeves told cabinet ministers the decision to offer concessions would mean taxes would have to be raised.

The outlet reported that the chancellor said the tax rises would be smaller than those announced in the 2024 budget, but that she is expected to have to raise tens of billions more.

It comes after Ms Reeves said she was “totally” up to continuing as chancellor after appearing tearful at Prime Minister’s Questions.

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Why was the chancellor crying at PMQs?

Criticising Sir Keir for the U-turns on benefit reform during PMQs, Conservative leader Kemi Badenoch said the chancellor looked “absolutely miserable”, and questioned whether she would remain in post until the next election.

Sir Keir did not explicitly say that she would, and Ms Badenoch interjected to say: “How awful for the chancellor that he couldn’t confirm that she would stay in place.”

In her first comments after the incident, Ms Reeves said she was having a “tough day” before adding: “People saw I was upset, but that was yesterday.

“Today’s a new day and I’m just cracking on with the job.”

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Reeves is ‘totally’ up for the job

Sir Keir also told Sky News’ political editor Beth Rigby on Thursday that he “didn’t appreciate” that Ms Reeves was crying in the Commons.

“In PMQs, it is bang, bang, bang,” he said. “That’s what it was yesterday.

“And therefore, I was probably the last to appreciate anything else going on in the chamber, and that’s just a straightforward human explanation, common sense explanation.”

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