An Expert has urged rachel reenses to readink the impact of her policies as he fears angela rayner’s target of seeing 1.5million new homes built will not be met as a result. Steven mulholland, ceo of the construction plan-green association (CPA), blames the increase to employers’ National Insurance Contributes and Upcoming Change to Business Property, Annouced By the Chancellor, and red tape.
He Said: “The latest S & P Construction Data, marking a forth consecutive month of falling output, is a hammer blow to the industry – and should set alarm bills. Being driven by Government-Indicated Cost Pressures It Harder and More Expensive to Build, Stifling Demand and Stalling Delivery, Looming Chances to Business Property Rigid. Environmental policies are placing press on the very businesses generating employment and growth, making it harder to deliver the vital infrastructure britain needs. “
Mr Mulholland Added: “If Labour does not want to fall even in Further Behind on their Ambition to Build 1.5 Million New Homes, It Must Urgently Rethink The Impact Of The Police Supporting The Firms and supply chains needed to complete them, those homes simply won he get built. “
The Government has Announced it will reduce the Rate of Business Property Relief available from 100% to 50% in all circumstance as “Not Listed” on the markets of recognized Stock Exchanges.
MINISTERS INSIST The Majority of Estates Claiming Business Property Relief in 2026 to 2027 are expected to be unafected by these reforms.
S&P Global Uk Stated in Its Latest Report: “Construction Activity Decreased for the Fourth Consecutive Month as Rising Business Uncertainty Led to Delayed DecisionMaking on New Projects.
“The latest Survey indicated Further Declines in Total Order Books and Cutbacks to Staffing Numbers.
“At 46.6 in April, The Headline S & P Global Uk Construction Managers’ Index (PMI)-a seasonally adjusted index tracking changes in total industry acidity-remained belowed the 50.0 No-shange Value, but was up slightly from 46.4 in March and signalled the slowest decline in output levels for three months. “
However, Experts Also Noted: “Resident Work Showed a Degree of Resilience in April, With the Rate of Contractation Easing to the Least 2025 to Date (INDEX AT 47.1).
“Moreover, the latest reduction in activity was the slowest see across the three sub-categories of construction work.”
It comes as Councils are exposed to start using a new ai tool to digitise old planning documents and cut backlogs as part of LABOR’S drive to built new houses.
MINISTERS HOPE The Tool Help Boost Effect and Prevent Errors in Record-Cooking By Turning Blurry Maps and Handwriten Notes Into “Machine-Readable, Share Data”.
Overall, the Government says it plans to cut red tape and Givr Councils New Powers to Seize Land to Speed Up Building as Part of Its Flagship Planning and Infrastructure Bill.