One of Britain’s biggest housebuilders urges government to support first-time buyers

In the context of a cooling property market, Jennie Daly, CEO of Taylor Wimpey, has urged the UK government to bolster support for first-time buyers. This call comes amid warnings from figures like David Blunkett, who highlights the precarious situation of youth employment, suggesting that without intervention, a 'lost generation' could emerge. The looming budget adds further pressure, potentially exacerbating the challenges faced by young buyers and the housing market. Daly's concerns about regulatory burdens echo broader fears that excessive green measures could render housing projects unviable in poorer regions, emphasizing the need for balanced policies that support both environmental goals and housing accessibility.