England's Housebuilding Set to Hit Decade Low, Challenging Starmer's Housing Goals

Housebuilding in England is projected to decline to its lowest level in over ten years, complicating Prime Minister Keir Starmer's commitment to construct 1.5 million homes. Bloomberg posted on X, highlighting the challenges facing the housing sector amid economic uncertainties. The anticipated drop in construction activity underscores the difficulties in meeting housing targets, which are crucial for addressing the country's housing shortage. This development raises concerns about the feasibility of achieving the government's ambitious housing plans.