
The staggering cost of getting homes built in London compared with other parts of England has been laid bare in new research by a leading think tank.
Analysis by the non-partisan Centre for London has revealed how the ‘upfront cost’ of constructing 88,000 new homes a year - the Government’s annual target for the capital - is roughly 43 times higher than meeting the equivalent target in the West Midlands, and 36 times higher than in Greater Manchester.