B

Baroness Taylor of Stevenage (Lab)

Speaking in the House of Lords on 15 July 2025

Debate

Housebuilders: Information Sharing

Contribution

The CMA is continuing its work on this, and on 9 July it announced that it is consulting on its intention to accept commitments offered by the housebuilders in relation to the investigation. That consultation closes on 25 July, and I have already set out some of the commitments that the seven companies have made. The £100 million payment, the largest secured through commitments from companies under investigation, will be split between affordable housing programmes across all our four nations. I hope that will make a significant contribution to delivering the affordable housing we all want to see.

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