The industry lobby group, the Home Builders Federation, fears it could result in 100,000 fewer homes being built annually. Builders started work on 180,000 homes in England in the last year, according to official data.
“If ministers fail to stand up to the anti-business and anti-development section of the Conservative party, it is inevitable that housing supply will fall dramatically, costing hundreds of thousands of jobs, slashing GDP and preventing even more people from accessing decent housing,” said Neil Jefferson, the HBF managing director.