Places for People responds to the Chancellor’s Spring Statement

Greg Reed Group Chief Executive

Responding to the Chancellor’s Spring Statement, Places for People’s Group CEO Greg Reed said:

“Labour continues to show it is up for the housebuilding challenge. This week’s additional funding will accelerate delivery and we’re already talking to Government about priority sites including in Thanet and Swindon, sites referenced by the Chancellor today and where we stand ready to quickly build many new homes.

“Quality new social housing is a known driver of growth and wellbeing, adding millions to the economy, improving health outcomes, and creating thriving Communities. This is sensible investment and Government has listened to our sector but our voice must remain heard when times get tougher for Communities. We’re really concerned about the impact of the proposed welfare reforms as many of our Customers already struggle to afford the essentials.

“A third of our social housing Customers couldn’t work last year due to disability or long-term sickness. One in four struggled with debt or couldn’t afford to put the heating on. Our recent Beyond Homes campaign highlighted our steadfast support to these groups, but state intervention must remain alive enough for us to also commit to planned spend elsewhere – including upgrading existing stock and helping Government to build new homes.

“We’re well on the journey to change but the upcoming Spending Review presents a critical junction. Government must commit to turning the wheel this summer to enable our sector to continue to invest in our Communities whilst effectively planning and delivering for the long term.”