UK Invests £10B in Affordable Housing | Business and Finance News

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Recorded25 Aug 2026

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The UK government is pouring nearly £10 billion into building affordable homes—with over £7 billion targeted at London—as part of a bold 10-year plan to tackle the housing crisis. Prime Minister Andy Burnham aims to create thousands of social rent homes, priced at half market rate, to slash homelessness and welfare costs. Local councils are being empowered through devolution to lead the charge, with the first phase funding 20,000 homes in northern cities. Over £16 billion will be allocated outside London, setting the stage for a transformative push toward secure, affordable housing nationwide. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7e118b7b61978690

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