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The Guardian - UK
The Guardian - UK
Politics
Jessica Elgot Deputy political editor

Labour ‘staking everything’ on billions in investment to reverse UK’s decline

Angela Rayner In Downing Street, London
Angela Rayner: ‘The priority of this government is to significantly increase the amount of social rents that are available because that is a real pressure point.’ Photograph: Thomas Krych/ZUMA Press Wire/Shutterstock

Labour is “staking everything” on using billions of pounds of investment to reverse Britain’s decline, Angela Rayner has said, promising people would feel the housing crisis ease by the end of the parliament.

The UK housing secretary is now in a race to persuade housing associations to take on social housing projects, with nearly £40bn for affordable and social homes to be spent over 10 years, the culmination of lengthy negotiations with the Treasury.

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