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The Guardian - UK
The Guardian - UK
Business
Alex Lawson

Bellway hails planning changes as councils get £68m for brownfield homes

Bellway construction site
Bellway told investors on Tuesday that pre-tax profits had plunged by 62% to £183.7m in the year to 31 July. Photograph: Maureen McLean/Rex/Shutterstock

The under-pressure builder Bellway has hailed the government’s planning system revamp, arguing it will “unlock” new housing across the country, as councils received £68m to construct thousands of homes on disused brownfield sites.

In comments released as it reported a sharp fall in revenues and profits, the UK housebuilder said the drive by the deputy prime minister, Angela Rayner, to increase Britain’s housing stock could help generate long-term growth for the company.

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