BreakingThe Guardian World1 min read
UK’s largest housebuilder to buy less land, in blow to Labour’s homes target
The reduction in land purchases by Barratt Redrow could hinder Labour's ambitious housing targets, affecting the overall housing market in the UK.
- Barratt Redrow plans to cut land purchases significantly
- Reduction attributed to geopolitical events affecting costs
- Expected land approvals down to 7,000-9,000 plots
