Plans to build 300,000 homes a year and a £2.8bn-a-year expansion of childcare will be at the heart of the Liberal Democrat manifesto at next May’s general election.
Nick Clegg will today unveil an 80-page pre-manifesto document including 300 policies. Housing and childcare would be top priorities for his party in negotiations with the Conservatives or Labour if there is another hung parliament.
The Lib Dem plan would trump Labour’s pledge to build 200,000 homes a year by 2020 and make housing a key election issue. Mr Clegg’s party wants to set up a Housing Investment Bank to streamline public funding and attract private investment, and to set up a ministerial task force to ensure the target is set.
The housing policy will be proposed by Tim Farron, the Lib Dem president, and Vince Cable, the Business Secretary, when the draft manifesto is put to the Lib Dems’ annual conference in Glasgow next month.
Mr Farron said: “We can and must choose to build a new generation of homes for those on ordinary salaries. Central to this is the need for consistent and committed action at all levels – a long term strategy – to tackle the biggest issue of our generation.”