
The government will fail to meet its target of building 1.5m homes by the end of the decade, house builders have warned in a letter to the budget watchdog - a fresh blow to Rachel Reeves ahead of what is expected to be a difficult budget in November.
In a letter to the Office for Budget Responsibility (OBR), the Home Builders Federation (HBF) - the representative body of the home building industry in England and Wales - said that its forecasts for economic growth from house building were too optimistic.