Labour’s ‘new settlement’ for housing

Originally published as a column for Inside Housing on September 30.

If the tone sounded very New Labour at times, this week’s party conference in Brighton also signalled that some of the radical housing policies of the Corbyn era are here to stay. 

The speeches on tackling anti-social behaviour recalled the early days of Tony Blair while the promise of new fiscal rules and an Office for Value for Money were very Gordon Brown. 

But the influence of Jeremy Corbyn and John McDonnell was also evident in a leader’s speech from Keir Starmer in which he pledged a Green New Deal.

This would include a national mission to retrofit every home in the country within a decade ‘to make sure that it is warm, well insulated and costs less to heat and we will create thousands of jobs in the process’. 

That timetable is just as ambitious as when Labour promised ‘Warm Homes for All’ in 2019 and, while there is not much detail, it suggests that housing decarbonisation will swallow up much of the £28 billion a year in green investment promised by shadow chancellor Rachel Reeves. 

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