British House Building Industry

Part of Uk Shared Prosperity Fund – in the House of Commons at 3:45 pm on 5th September 2019.

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Photo of Siobhain McDonagh Siobhain McDonagh Labour, Mitcham and Morden 3:45 pm, 5th September 2019

Actually, the shareholders are doing quite well as well, because they are getting quite a lot of money on the back of Help to Buy. That could be the subject of another debate.

I have no doubt that those four men work hard and have a grasp and understanding of their industry that few others could provide, but surely high pay is supposed to be about high productivity and high quality of product. It seems to me that the more substandard the properties they build and the lower their rate of productivity, the more they get paid. There seems to be no consequence for poor performance. We are in a housing crisis—is it really appropriate to provide such preposterous pay packets, considering the house building record I have described?