L

Lord Wood of Anfield (Lab)

Speaking in the House of Lords on 12 June 2025

Debate

Spending Review 2025

Contribution

My Lords, there is much to welcome in this spending review. Can I especially welcome the £39 billion of investment in social and affordable housing that the noble Baroness mentioned earlier on? Shelter yesterday called this a game-changer. The National Housing Federation said it was the most ambitious affordable homes programme in decades. All of that is extremely encouraging. I note that the ramping up of extra funding is gradual, as the noble Baroness, Lady Kramer, mentioned, reaching an additional £4 billion per annum by the end of the spending review period. What needs to be done as this money is ramped up in the next couple of years to ensure that this funding is generally transformational? In particular, I know he is passionate about improving the supply of skilled workers in the housing construction sector so that it really does result in the step change we all want in social housing.

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