Part of Housing, Communities and Local Government – in the House of Commons at on 9 June 2025.
Angela Rayner
Deputy Leader of the Labour Party, Deputy Prime Minister, The Secretary of State for Housing, Communities and Local Government
In our first eight months in office, we have announced £800 million in new funding for the affordable homes programme and £2 billion as a down payment on future investment. The previous Government handed back precious cash for social and affordable homes. This Government will get those homes built. The Chancellor will set out details of new investment at the spending review.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.