L

Lord Rennard (LD)

Speaking in the House of Lords on 15 July 2025

Debate

Housebuilders: Information Sharing

Contribution

My Lords, the one-off payment of £100 million towards affordable housing is only about 3% of the operating profit of the five biggest housebuilders this year. Is this a relatively small penalty for them to pay for anti-competitive practices over many years?

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