Laura Sharman 13 July 2021

Affordable housing is UK's 'poorest performing measure' finds research

Affordable housing is UKs poorest performing measure finds research image

More investment is needed to deliver affordable housing and greater employment opportunities if the Government is to meet its 'levelling up' ambitions, a report has revealed.

The latest edition of the L&G Rebuilding Britain Index shows that housing, jobs and economic prosperity continue to be the worst performing measures for the second consecutive quarter.

It found London, the South East of England and the South West of England are falling significantly behind the rest of the UK on access to quality affordable housing.

Wales and the North East of England remain behind on jobs and economic prosperity, according to the Index.

Nigel Wilson, CEO at Legal & General, said: 'It is clear that the longer we wait in bringing forward further major schemes, the greater the risk of existing inequalities between and within our communities deepening further.

'As we begin the long road to recovery, it is up to all businesses and government to step up and invest in the growth opportunities. As the economy continues to unlock, so will our ability to start to act on these opportunities.'

The index also found that only a quarter of people across the UK (24%) agree that there is local investment making a discernible impact where it is most needed.

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